News from Guangzhou is the Communists are rearranging the Canton Fair, and not using the LiuHua complex any longer. The new complex is beautiful, but I have so many delightful memories of the old buildings, and staying at the Dong Fang Binguan across the street. This was back in the good/bad old days of the 1970's when the hard-core communists were in charge... the contrast between Hong Kong and China was the beginning of my interest in economics as an explanation for the disparity.
Marxism did not explain the differences, nor kyenesianism, not the german historical school, nor the monetarists, Chicago school was a gateway drug, but proved ineefective... supply side sounded promising, and finally I arrived at the Austrian School of Economics, which seemed to get is mostly right.
Tuesday, June 17, 2008
Heartbreak: Liuhua Complex Shuttered
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