Tag Archives: China

The institutional economics of filial piety

Somewhat lost in the past few weeks amidst the massive uprisings in the Middle East are two interesting bits of news coming out of China. First, As Tyler Cowen at Marginal Revolution blogs here, a proposal submitted by the Civil … Continue reading

Posted in freakonomics, politics & economics, society & culture | Tagged , , , , , , | 1 Comment

Lu Xun and game theory, or insane rationality and the evolutionary stability of backward tradition

With its condemnation of existing literature Lu Xun’s debut short story “A Madman’s Diary” (『狂人日記』), with its condemnation of the social backwardness of early Republican China, has long been recognized as a classic work of political literature. By analyzing the story, and traditional China, within a game theoretical framework, we see just how difficult it is to escape from a society in which backward traditional values predominate; in fact, we find that such a society is evolutionarily stable. Continue reading

Posted in arts, freakonomics, history, politics & economics, society & culture | Tagged , , , , , , , | Leave a comment

The Beijing Consensus? Not quite.

Stephan Halper’s The Beijing Concensus is a valuable work on Sino-U.S. relations that gets the big ideas right, though it falls prey to some common misperceptions and faulty logic that detract from its powerful central message. Continue reading

Posted in book review, international affairs, politics & economics | Tagged , , , , | Leave a comment

Preaching to the choir

Ian Bremmer’s The End of the Free Market: Who Wins the War Between States and Corporations? is a piece of tautology from a pundit that preaches to his ideological choir. Continue reading

Posted in book review, international affairs, politics & economics | Tagged , , , | Leave a comment