How China won and Russia lost. An interesting read on the driving factors behind China’s apparent economic success and Russia’s failure, while implementing seemingly similar policies. The gist of it is that many of China’s reforms came bottom-up, gradually making their evolving from rural agrarian practices, while Russia’s reforms used a top-down government mandated approach.
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I posted to eightface.com
Catching the pest
http://feedproxy.google.com/~r/eightface/~3/D092ttJYVIo/
December 10 2009, 11:55pm | Comments »
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I posted to eightface.com
Street Smarts
http://feedproxy.google.com/~r/eightface/~3/amFW85nobUo/
The real reason the financial system almost collapsed… smart guys. “Did you ever hear the word ‘derivatives’?” he said. “Do you think our guys could have invented, say, credit default swaps? Give me a break! They couldn’t have done the math.”
October 14 2009, 8:26pm | Comments »
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I posted to eightface.com
Moyers and David Simon
http://feedproxy.google.com/~r/eightface/~3/XJhTb9M0hSg/
Bill Moyers interviews David Simon, mostly centred around The Wire and the current state of society in America.
July 17 2009, 1:46pm | Comments »
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