Disillusion in Utopian Capitalism and Lessons to the Development of China

Ping Chen, null

doi:10.13169/worlrevipoliecon.5.3.0414

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World Review of Political Economy

Volume 5, Issue 3

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Disillusion in Utopian Capitalism and Lessons to the Development of China

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Author(s): Ping Chen

Publication date (Print): Fall 2014

Journal: World Review of Political Economy

Publisher: Pluto Journals

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Journal

Journal ID (doi): 10.13169

Journal ID (publisher-id): worlrevipoliecon

Title: World Review of Political Economy

Publisher: Pluto Journals

ISSN (Print): 2042891X

ISSN (Electronic): 20428928

Publication date (Print): Fall 2014

Volume: 5

Issue: 3

Pages: 414-429

Article

Publisher ID: worlrevipoliecon.5.3.0414

DOI: 10.13169/worlrevipoliecon.5.3.0414

SO-VID: e7810b2d-b16e-45c9-919c-248d01e77e7b

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All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

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Capital in the Twenty-First Century , by Thomas Piketty, translated by Arthur Goldhammer, Cambridge, MA, Harvard University Press, 2014, viii + 685 pp., $39.95 (hardcover), ISBN 9780674430006

References

Bernanke, B. 2005. “The Global Saving Glut and the U.S. Current Account Deficit.” Speech delivered at the Homer Jones Lecture, St. Louis, MO, April 14.
Brooks, D. 2014. “The Big Debate.” The New York Times , May 19.
Chen, P. 2009. “From an Efficient Market to a Viable Market: New Thinking on Reforming the International Financial Market.” Chapter 3 in China's New Place in a World in Crisis: Economic, Geopolitical and the Environmental Dimensions , edited by R. Garnaut, L. Song, and W. T. Woo, 33–58. Canberra: Australian National University E-Press.
Chen, P. 2010. Economic Complexity and Equilibrium Illusion: Essays on Market Instability and Macro Vitality . London: Routledge.
Chen, P. 2014. “Metabolic Growth Theory: Market-Share Competition, Learning Uncertainty, and Technology Wavelets.” Journal of Evolutionary Economics 24 (2): 239–62.
Coase, R. H. 1988. The Firm, the Market, and the Law . Chicago: University of Chicago Press.
Deng, Y. 2010. Rebuilt China: Facing the Future . [In Chinese.] Hong Kong: Dafeng Publisher.
Erlanger, S. 2014. “Taking on Adam Smith (and Karl Marx).” The New York Times , May 19.
Hayek, F. A. 1944. The Road to Serfdom . Chicago: University of Chicago Press.
Hayek, F. A. 1975. Monetary Theory and the Trade Cycle . New York: Kelley.
Hayek, F. A. 1990. Denationalisation of Money—The Argument Refined: An Analysis of the Theory and Practice of Concurrent Currencies . 3rd ed. London: Institute of Economic Affairs.
Krugman, P. 2014. “The Piketty Panic.” The New York Times , May 19.
Kuznets, S. 1968. Toward a Theory of Economic Growth . New York: Norton.
Lin, J. Y. 2013. Against the Consensus: Reflections on the Great Recession . Cambridge: Cambridge University Press.
Piketty, T. 2014. Capital in the Twenty-First Century . Cambridge, MA: Harvard University Press.
Shi, Z. 2013. Supernormal Growth [Chao Chang Zeng Zhang]. [In Chinese.] Shanghai: Shanghai People's Publisher.
Smith, A. (1759) 2010. The Theory of Moral Sentiment . New York: Penguin Books.
Smith, A. (1776) 1981. The Wealth of Nations . Indianapolis: Liberty.
Solow, R. M. 1957. “Technical Change and the Aggregate Production Function.” Review of Economics and Statistics 39 (3): 312–20.
Tracy, M. 2014. “Economist Is a Rock Star.” New Republic , April 17.
Wu, J. 2014. On Choices of China's Growth Models [Zhong Guo Zeng Zhang Mo Shi Jue Ze]. [In Chinese.] 4th ed. Shanghai: Shanghai Far East Publisher.
Zhou, Q. 2008. “What Did Deng Xiaoping Do Right Things for China?” [In Chinese.] The Economic Observer , July 28.

Comments

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[1] Bernanke, B. 2005. “The Global Saving Glut and the U.S. Current Account Deficit.” Speech delivered at the Homer Jones Lecture, St. Louis, MO, April 14.

[2] Brooks, D. 2014. “The Big Debate.” The New York Times , May 19.

[3] Chen, P. 2009. “From an Efficient Market to a Viable Market: New Thinking on Reforming the International Financial Market.” Chapter 3 in China's New Place in a World in Crisis: Economic, Geopolitical and the Environmental Dimensions , edited by R. Garnaut, L. Song, and W. T. Woo, 33–58. Canberra: Australian National University E-Press.

[4] Chen, P. 2010. Economic Complexity and Equilibrium Illusion: Essays on Market Instability and Macro Vitality . London: Routledge.

[5] Chen, P. 2014. “Metabolic Growth Theory: Market-Share Competition, Learning Uncertainty, and Technology Wavelets.” Journal of Evolutionary Economics 24 (2): 239–62.

[6] Coase, R. H. 1988. The Firm, the Market, and the Law . Chicago: University of Chicago Press.

[7] Deng, Y. 2010. Rebuilt China: Facing the Future . [In Chinese.] Hong Kong: Dafeng Publisher.

[8] Erlanger, S. 2014. “Taking on Adam Smith (and Karl Marx).” The New York Times , May 19.

[9] Hayek, F. A. 1944. The Road to Serfdom . Chicago: University of Chicago Press.

[10] Hayek, F. A. 1975. Monetary Theory and the Trade Cycle . New York: Kelley.

[11] Hayek, F. A. 1990. Denationalisation of Money—The Argument Refined: An Analysis of the Theory and Practice of Concurrent Currencies . 3rd ed. London: Institute of Economic Affairs.

[12] Krugman, P. 2014. “The Piketty Panic.” The New York Times , May 19.

[13] Kuznets, S. 1968. Toward a Theory of Economic Growth . New York: Norton.

[14] Lin, J. Y. 2013. Against the Consensus: Reflections on the Great Recession . Cambridge: Cambridge University Press.

[15] Piketty, T. 2014. Capital in the Twenty-First Century . Cambridge, MA: Harvard University Press.

[16] Shi, Z. 2013. Supernormal Growth [Chao Chang Zeng Zhang]. [In Chinese.] Shanghai: Shanghai People's Publisher.

[17] Smith, A. (1759) 2010. The Theory of Moral Sentiment . New York: Penguin Books.

[18] Smith, A. (1776) 1981. The Wealth of Nations . Indianapolis: Liberty.

[19] Solow, R. M. 1957. “Technical Change and the Aggregate Production Function.” Review of Economics and Statistics 39 (3): 312–20.

[20] Tracy, M. 2014. “Economist Is a Rock Star.” New Republic , April 17.

[21] Wu, J. 2014. On Choices of China's Growth Models [Zhong Guo Zeng Zhang Mo Shi Jue Ze]. [In Chinese.] 4th ed. Shanghai: Shanghai Far East Publisher.

[22] Zhou, Q. 2008. “What Did Deng Xiaoping Do Right Things for China?” [In Chinese.] The Economic Observer , July 28.

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