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The serious consequences of "supply and demand" in China 5 May 2011 | 12:07 am
The natural reaction of a farmer to an increase in the price of a crop is to plant more of it for the following year. Supply and demand. The difficulty comes in realising that you are not the only on...
The economics of dams in China - water wars on the horizon? 4 May 2011 | 03:05 am
China is a thirsty country that needs a lot of water. To this end it is using a lot of dams in some very sensitive areas. There are a whole lot of "externalities" involved with dam production for thos...
Is China’s economy a cause for concern? 29 Apr 2011 | 08:34 am
The University of Birmingham's Director of the Business School, Professor David Dickinson reports on how he views recent developments in China's economy. A sensible comment that touches on a number o...
Martket integration in China 29 Apr 2011 | 02:52 am
Hot on the heels of my last post signalling the end of market capitalism in China as we know it as part of "socialism 3.0" comes a paper looking at China's market integration from a more academic pers...
Socialism 3.0 - the beginning of a new China? 28 Apr 2011 | 01:17 am
China is a country of many contradictions. On the one hand it is a single party communist state and on the other hand it has the most ruthless capitalist ethos I have witnessed. My reading is that th...
The Value of Education - $6.1million 22 Apr 2011 | 10:17 am
Always one to jump on a bandwagon is one is passing I must report the "Beijing Normal University Professor" quote again. The Diplomat gives a good summary. This is an interesting blog actually. I ha...
Pictures of China in the 1800s 21 Apr 2011 | 02:14 am
Given China's rapid development it is always useful to look back in time to assess where China has come from to know where it is going. Rare Photographs of China in the 1800s [Environmental Graffiti]...
Economics of marriage and real estate in China 21 Apr 2011 | 01:18 am
Economists have long realised that marriage is just a contract like any other. Given the relative shortage of females, supply and demand suggests that the price of marriage should go up. The price it...
Who will feed China? 26 Mar 2011 | 12:18 am
Lester Brown has an interesting article over at Sustainablog. The ability of China to feed itself has important social and political aspects and recent history puts food production at the top of Chin...
Are House Prices Rising Too Fast in China? 14 Mar 2011 | 10:39 pm
This is a good question and it is fortunate that a group of respected economists have looked carefully at the question. My own instinct is to say "yes" they are and that a housing price collapse coul...
