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.
伦敦——
两个世纪前拿破仑到达埃及,这宣告了现代中东的开始。奥斯曼帝国灭亡已近90年,殖民主义统治结束已经50年了,从伊拉克战争开始计算也已过去8年了。现在,发生在开罗的革命性抗议活动表明,另一场变化可能正在进行之中。
西方国家在中东地区的影响有三个支柱:强大的军事存在;密切的商业关系;一系列依赖美元存在的国家。但这三大支柱正在崩溃。因此,今后几周和几个月内,西方国家要对中东地区施加影响可能变得更加困难了。
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