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Paul Milgrom

Paul Milgrom

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Paul Milgrom, a Nobel laureate in economics, is Professor of Humanities and Sciences at Stanford University and Co-Founder and Chairman of Auctionomics.

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  5. op_magnus1_WANG ZHAOAFP via Getty Images_cpc WANG ZHAOAFP via Getty Images
    Subscriber Exclusive

    China's Journey into the Unknown

    George Magnus

    Following the Chinese government’s sweeping corporate crackdown this year, three recent books on the country’s governance model have become especially timely. Each suggests that Chinese President Xi Jinping will have to navigate fundamental contradictions in his quest for “common prosperity.”

     reviews three books examining the increasingly obvious flaws in the country’s governance model.
    20

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