Monday, October 14, 2013

Shorting Mao

It would have been a good thing if there had been a financial market in China during the Great Leap Forward (i.e., there'd have been capitalism) as it would have helped to alleviate a tremendous amount of suffering, newly minted Nobel laureate Robert Shiller says (from July 2012).

Of course, he has a receptive audience in Steve Forbes.

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