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China Needs More Economic Freedom—Not a Bigger Welfare State

Summary:
Mainstream economists claim China needs more consumption and a bigger welfare state. They think China’s high savings rate is a bad thing. These economists are wrong.  Original Article: “China Needs More Economic Freedom—Not a Bigger Welfare State” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Powered by WPeMatico Post Views: 0

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Mainstream economists claim China needs more consumption and a bigger welfare state. They think China’s high savings rate is a bad thing. These economists are wrong. 

Original Article: “China Needs More Economic Freedom—Not a Bigger Welfare State”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Powered by WPeMatico

Mises Institute
The Mises Institute, founded in 1982, teaches the scholarship of Austrian economics, freedom, and peace. The liberal intellectual tradition of Ludwig von Mises (1881-1973) and Murray N. Rothbard (1926-1995) guides us. Accordingly, we seek a profound and radical shift in the intellectual climate: away from statism and toward a private property order.

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