It seems to me as I think of it briefly that China is in the middle of the classic Austrian over-investment cycle with all the nastiness still to come that Hayek and Ludwig von
Wednesday, November 13, 2013
Can China learn from Britain? Probably not. They are looking forward to a de-Americanized world.
http://jewishbusinessnews.com/2013/11/08/professor-barry-eichengreen-chinese-industrialization-and-its-discontents/
It seems to me as I think of it briefly that China is in the middle of the classic Austrian over-investment cycle with all the nastiness still to come that Hayek and Ludwig von
Mises talked about. I have under-appreciated this school of thought in my career and it seems to me China is teeing it up.
It seems to me as I think of it briefly that China is in the middle of the classic Austrian over-investment cycle with all the nastiness still to come that Hayek and Ludwig von
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