Saturday, October 13, 2012

Chinese Austrian Economics

"We human beings always seek happiness," says Mr. Zhang. "Now there are two ways. You make yourself happy by making other people unhappy—I call that the logic of robbery. The other way, you make yourself happy by making other people happy—that's the logic of the market. Which way do you prefer?" A great statement from an article in today's Wall Street Journal, an interview with influential and controversial Chinese economist Zhang Weiying.

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