Archive for the ‘Book Review’ Category

College is for losers

Friday, February 15th, 2008

A handful of friends and I have frequently commented that it seems like the most successful people in China are the ones with the least education. Of course, we don't actually have any substantive data to support this belief; we just know of a few successful Chinese friends here and ...

Factions and Finance in China: Elite Conflict and Inflation

Tuesday, January 8th, 2008

Victor Shih tries to answer the elusive question: how does Chinese monetary policy work? Factions and Finance in China, though an academic work both in price (USD 85) and structure (it was based on Northwestern University professor Victor Shih’s doctoral dissertation), reads like a soap opera. Shih argues that the peculiar nature ...