Uncertainty about China’s economy is roiling financial markets worldwide. But just how serious is the threat to China’s long-term prospects and to global economic stability?
Aug 28, 2015 explains why a highly managed economy can produce more instability than a free one.
Aug 26, 2015 underscores the danger to long-term stability implied by reversion to state control of the economy.
Aug 25, 2015 asks whether the country's leaders are juggling too many policy objectives.
Aug 21, 2015 identifies choices confronting the country's leaders that are as difficult as they are unavoidable.
Aug 19, 2015 highlights the risk that local government liabilities pose to the Chinese economy.
Aug 19, 2015 concludes that China's long-term strategy for its currency remains on track.
The worse economic fundamentals and forecasts become, the more mysterious stock-market outcomes in the US appear. At a time when genuine news suggests that equity prices should be tanking, not hitting record highs, explanations based on crowd psychology, the virality of ideas, and the dynamics of narrative epidemics can shed some light.
