Matthew Yglesias 2 weeks ago

Did Financial Innovation Cause Deng Xiaoping’s Economic Reforms?

There’s a lot of imprecision and suggestion in that quote, no coat can be hung on that. “The way they did”? Who’s to say it wouldn’t have been greater had a smarter method been employed? Full Article at Matthew Yglesias

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  1. BEIJING - SEPTEMBER 23: Portraits of former Chinese leaders (L-R) Mao Zedong, Deng Xiaoping, Jiang Zemin, and current President Hu Jintao are seen in the People's Republic Of China 60th Anniversary Exhibition at the Beijing Exhibition Center on September 23, 2009 in Beijing, China.
  2. Wax figures of Mao Zedong (L) and Deng Xiaoping are exhibited as part of the 60th anniversary celebrations of the founding of the People's Republic of China at a shopping mall in Hong Kong September 23, 2009. China will celebrate its national day on October 1.
  3. BEIJING - SEPTEMBER 03: An old magazine featuring the late paramount leader Deng Xiaoping is being sold at Panjiayuan flea market on September 3, 2009 in Beijing, China.
  4. LHASA, CHINA - JUNE 20: Portraits of former Chinese leaders (L-R) Mao Zedong, Deng Xiaoping, Jiang Zemin, and current President Hu Jintao are displayed in a meeting room at the offices of the Dashi Group on June 20, 2009 in Lhasa, Tibet Autonomous Region, China.
  5. BEIJING - DECEMBER 18: Chinese president Hu Jintao makes a speech during a ceremony to mark the 30th anniversary of economic reform at The Great Hall of the People on December 18, 2008 in Beijing, China.
  6. SUINING, CHINA - NOVEMBER 22: A woman cares for a child with an IV treatment for the flu outside a hospital on November 22, 2009 in Suining of Sichuan Province, China.
  7. SUINING, CHINA - NOVEMBER 22: Senior citizens who have undergone cataract surgery by the Lifeline Express rest in a hospital on November 22, 2009 in Suining of Sichuan Province, China.
  8. CHENGDU, CHINA - NOVEMBER 22: A contestant displays a Shu Embroidery product printed with her name during a Miss International Beauty Pageant 2009 event on November 22, 2009 in Chengdu of Sichuan Province, China.
  9. SHENZHEN, CHINA - NOVEMBER 22: A general view of the 13th hole on the Greg Norman course at the Donggaun golf complex on November 22, 2009 in Shenzhen, China.

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