The Logic of the Market (An Insider's View of Chinese Economic Reform) - 9781939709608

ISBN: 9781939709608
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$14.95
SKU:
9781939709608
Availability:
261.75
Minimum Purchase:
25 units
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Product Details

Author:
Weiying Zhang, Matthew Dale
Format:
Paperback
Pages:
284
Publisher:
Cato Institute (January 16, 2015)
Language:
English
ISBN-13:
9781939709608
ISBN-10:
1939709601
Weight:
20.96oz
Dimensions:
6.03" x 8.95" x 1.16"
Case Pack:
20
File:
Eloquence-SimonSchuster_10192025_P9261828_onix30-20251019.xml
Folder:
Eloquence
List Price:
$14.95
As low as:
$8.52
Publisher Identifier:
P-SS
Discount Code:
C
Audience:
General/trade
Pub Discount:
65
Imprint:
Cato Institute

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Overview

First published in China in 2010, where it became a bestselling academic title, The Logic of the Market is a collection of well-known economist Zhang Weiying’s most influential essays on Chinese economic reforms. Considered China’s “leading market liberalist,” the author offers a unique perspective on the market economy, implementation of free-market economic policies, and the potential for Chinese economic development. He describes the market economy as “…humanity’s greatest creation. It provides the best rules of the game for human progress,” and he believes it exemplifies the old Chinese proverb: “benefit yourself by benefiting others.” The author believes that only the institutional arrangements of “private property, unhampered prices, enterprises, entrepreneurs, and profit” guarantee that in a market economy, “enriching oneself at the expense of others cannot be done.” In fact, he argues, it is this logic of the market that has led to China’s recent unprecedented economic progress and prosperity.

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