This blog compiles the thoughts of UCLA undergraduates on the connections between economic history and current events. All contributors to this blog are enrolled in Ec183, The Development of Economic Institutions in the United States. The premise of this course is the history matters. The careful application of economic theory and quantitative reasoning can help us understand the past.
Friday, October 14, 2011
Bloomberg Editorial on China's Development
A Bloomberg Editorial contemplates the possibility of the Chinese economy failing to converge with the leading world economies as expected. Central to the discussion is how in a globalized world, national economic healths can be positively correlated, which is something we did not dwell on in our class discussion of economic growth of the American colonies during the 1700s into the 1800s.
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