Sunday, January 16, 2011

Mao Yushi, often self-contradictory concept of the teacher's market

 Mao Yushi, I certainly respect the teacher, not only because of his demeanor and character, but also because he was the first in China to promote the market economy and relentless action. But I have always thought that his interpretation of the market economy, often self-contradictory.
Mao Yushi, often self-contradictory concept of the teacher's market
Xuezhao Feng

Mao Yushi, I certainly respect the teacher, not only because of his demeanor and character, but also because he took the lead and the tireless action to promote the market economy. But I have always thought that his interpretation of the market economy, often self-contradictory.
example, his appreciation of the U.S. trading help promote the interests of parties to the transaction; but after he saw a prostitute to come He often emphasized the role of market prices, but a coffee drink at the airport after he criticized the airport, the coffee is too expensive. he was opposed to opposed to is in favor of the Spring Festival train ticket prices, but the latest are monopolies, the price can not be unilaterally determined by the profit-oriented enterprises, and must have government control. while he was in favor of the tuition fees on other occasions prices.
understanding of the market mechanism is not complete, at any time to jump on the anti-market position. I encourage readers to recognize the contradictions, and to explore a more thorough understanding.
Coase, RH Rent

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