Neoclassical Economics ... Has Uncovered Important Truths

China Is Never Going To Be A Global Model. Western System Is Really Broken In Some Fundamental Ways, But The Chinese System Is Not Going To Work Either. It Is A Deeply Unfair And Immoral System Where Everything Can Be Taken Away From Anyone In A Split Second.

The Desire For Economic Prosperity Is Itself Not Culturally Determined But Almost Universally Shared

Be Afraid Of The Chinese. I Mean, The Chinese Shoot Down Satellites In Space; They Hack Into Google's Computers; The Osama Bin Laden People Can't Make Their Underwear Blow Up.

Economic Activity Is Carried Out By Individuals In Organisations That Require A High Degree Of Social Co-operation

What Asia's Postwar Economic Miracle Demonstrates Is That Capitalism Is A Path Toward Economic Development That Is Potentially Available To All Countries. No Underdeveloped Country In The Third World Is Disadvantaged Simply Because It Began The Growth Process Later Than Europe, Nor Are The Established Industrial Powers Capable Of Blocking The Development Of A Latecomer, Provided That Country Plays By The Rules Of Economic Liberalism.