Le meilleur gouvernement est celui qui n’a que peu d’importance. C'est ce que pensent les libéraux ; en effet, nous craignons qu’une fois puissant, le gouvernement soit à deux doigts de pouvoir commettre des atrocités analogues à celles qui ont déferlé tout au long du XX° siècle.
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Since the 1990s, Western companies have invested a fortune in the Chinese economy, and tens of thousands of Chinese students have studied in US and European universities or worked in Western companies. None of this made China more democratic, and now it is heading toward an economic showdown with the US.
argue that the strategy of economic engagement has failed to mitigate the Chinese regime’s behavior.
While Chicago School orthodoxy says that humans can’t beat markets, behavioral economists insist that it’s humans who make markets, which means that humans can strive to improve their functioning. Which claim you believe has important implications for both economic theory and financial regulation.
uses Nobel laureate Robert J. Shiller’s work to buttress the case for a behavioral approach to economics.