"Observa tu persona con cuidado y piensa cómo te puedes ver a los ojos de otros". Esta es la lección que me enseñaron en la escuela primaria en Tokio. Hoy día, sin embargo, esa sabiduría no parece estar tan difundida en Japón. Por desgracia, esto también parece aplicar para los países vecinos, en donde las actitudes japonesas son criticadas con fuerza.
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The Chinese government is very good at covering up small problems, but these often pile up into much bigger ones that can no longer be ignored. The current real-estate bubble is a case in point, casting serious doubts not just on the wisdom of past policies but also on China's long-term economic future.
traces the long roots of the country's mounting economic and financial problems.
From semiconductors to electric vehicles, governments are identifying the strategic industries of the future and intervening to support them – abandoning decades of neoliberal orthodoxy in the process. Are industrial policies the key to tackling twenty-first-century economic challenges or a recipe for market distortions and lower efficiency?
From breakthroughs in behavioral economics to mounting evidence in the real world, there is good reason to think that the economic orthodoxy of the past 50 years now has one foot in the grave. The question is whether the mainstream economics profession has gotten the memo.
looks back on 50 years of neoclassical economic orthodoxy and the damage it has wrought.