Any new about Steven Cheung - Today the sun

 (Currency War reviews) recently read this article, it solved 20 years ago, a lot of doubts. Although I do not want to speculate too much, but intuition told me that the problem was more serious than that. Now is not the One of two people, but a large number of people who already have a considerable influence. international bankers last ten years in China, there really is no idle. Chapter VI that the Council on Foreign Relations, Bilderberg and the Trilateral Commission, if you know the list of several organizations, a bad heart do not read on the ... ... any new about what people they Zhang Wuchang ? look at the ins and outs to Zhang Wuchang! you know that Hong Kong has a professional marketing to neo-liberalism in China, He Xin: (laughs) as the doctor of economics you do not even know, designer. Reporter: Is what he said? tone is not small, does he do? He Xin: The man felt a little narcissistic. His full name is because he said so himself: Friedman, Coase, Alchian, Demusaici and me. Here, I shall in the country that people have not seen the publication quoted him save his father's surname only writing people, for example, Samuelson, Schumpeter, saxophone, Marshall, people often use the Chinese that they are omitted when their father's name in English. This is just for convenience in order, not a sign of recognition. Some people think the economy scientists need to understand mathematics. But the five permanent members, said: few years after leaving the University of Chicago to read other people's work. practical significance. Reporter: You do not say that he is CIA, right? He Xin: No, I did not say. But the book never read another Dr. in the early 80s in Hong Kong, the one that became the University of Hong Kong economy Head of the Department, this is indeed the British and Americans after careful selection and arrangement, and indeed bear a significant ideological mission. Reporter: Do you have any basis? any new: has his own book as evidence. Wu Chang-jun in his collected works published in recent years, perhaps because of too much complacency and not disclosed by the carefully arranged inside this appointment process: (Note: The British Consulate officials closely with British intelligence Junqingliuchu) sends a message to me: the post of Head of the Department of Economics, University of Hong Kong will soon be vacant. Ronald. Coase privatization of the famous Theorem Green Mi and Americans will be particularly the five permanent members of Doctor do? any new: Steven Cheung told us: . Enjoy the progress of modern economic analysis. In a way, we are likely to help them bridge this gap. ; enlightenment. But in the great period of change, economists can become unexpected heroes. because in a period, there is often an ideological vacuum. and insight, they saw how long the reform of China's emerging ; property rights theory the five permanent members, said: article, look at me as a friend. visited the factory in Hangzhou and Wenzhou. China sent three assistants to help me, you can get confidential documents, hide nothing. All the question about the economic situation, just know, have been answered truthfully. I know the government so no one will give researchers the freedom conditions. The Chinese government decided to ; I can not sleep a few nights. liberalizing prices and who can not compensate for privileged groups, is a gamble of life and death, if that fails, it will lead to disaster. But I think, almost impossible to implement the compensation, so this is the must be of a gamble. control the money supply, money supply increased in accordance with Friedman's approach of not more than 20% per year (taking into account the actual economic growth rate, this figure is not high), but not to loans. and all branches of the People's Bank affiliated institutions into commercial banks, it is best to sell them the ability to manage people. a sound security and insolvency law, so that banks and accounting principles based on economic decision loans. privatization of state-owned enterprises by ownership, removal of fiscal burden. abolish all foreign exchange and price controls. . ; Reporter: Do you have long known this person? any new: early. This is indeed a very interesting, editor). This set of books aim at following the ; as a model to launch the so-called revolution, greatly increase transaction costs and operating costs. The result is hampered growth. Although the The most important prerequisite for economic growth. Now the rapid growth of every country is mainly based on the economy on the private enterprise system. That is, the majority of privately owned productive resources, without the intervention of government action. When he say this when he forgot the opposite of the argument set up under the same argument: It is now the high debt and financial disaster into those countries, including South America, Africa, Southeast Asia, Eastern Europe and Russia, are also the economy based on private on enterprise system. This will permit this iron law of This statement is true. But as long as is black swan found to be sufficient for the proposition that functions of the government: authority and control and regulation. This is the so-called neo-liberal advocacy of Government, means that when everyone in China is their own government, that is billions of billions of people a small Coase - Zhang Wuchang reporter: his apparent lack of these views is the logical basis. He Xin: The man and the theory can be seen as pseudo-science of modern economics, a great template. Perhaps because of this, sometimes , Wuchang Jun economics is not science but merely recognition of may not be successful. economists have been willing to accept the utopian theory, facts and figures casual, do not want to test what they have to specify the meaning of. ; justice doctrine is meaningful. The results, if compliance with the basic rules of science in the debate, the differences can be resolved. Falsification. History will be seen as a form of trading cost and the neo-classical marginalist revolution to rival This book is full of praise and self-similar to the above self-contradictory. In his book, Marshall cited the following passage: and figures speak for themselves, they may be unconsciously cover up his facts and figures in the selection and classification, and hastily made some arguments from the people and things that must be followed before the results of things. He said: mission, he was extremely concerned about China's policy design, he never seriously taught to comply with his grandfather, Marshall this advice. Reporter: Why did you special attention to the five permanent members of President? any new: Because I have been exploring in recent years to China Enter the new privatization as the key link of the source of liberal economic ideology. I found out the name of the five permanent members of the parent to give up self-Jun. Here is a very interesting question, but China's economists and politicians has been no question before. That is: Why Americans are so eager to seize the opportunity to just open the door to China's reform and opening up the occasion, immediately sent them missionaries of economics, with privatization and neoliberal theory to preach to the Chinese people do? Is it because Americans are particularly fond of us, eager armed with advanced knowledge of economics to our minds so that our early modern economy, thus becoming the global economy, a new competitor for the United States? 7, eager for the Chinese people why the United States brainwashing? Reporter: This is indeed a very interesting question, worthy of thought. In your opinion, why? any new: In the five permanent members of the following account of Dr. One thing the book. He said he passed in 1988 by me that they in September for a conference in Shanghai, when China could arrange for their travel. to make arrangements for friends in Beijing shortly after the price liberalization program encountered strong opposition, I almost proposed to cancel China Milton trip. However, at that time, I was informed that the central leadership was prepared to interview Milton. was the fact that I obviously made a serious error, is also not required to meet with Deng Xiaoping. was the central Friedman met with leaders and very successful: they both appreciate each other. In addition to support for the then leader of the Communist Party of the central control of power away - this is the official jargon - but not the two views of only one point: that when the multi- quick to give up control of foreign exchange. Mierdunba not immediately abolish exchange controls, and then only in the central leadership believes that the domestic price controls relaxed only after abolition of exchange controls. China entered the new liberal economic point of view, is clearly out of the United States global strategic considerations. Since the 17th century mercantilist era, as the formulation of national economic policy to political economy theory of the formation of the two opposing routes. a route of national economic protectionism, the theory of mercantilism and the representatives of Germany Liszt doctrine. Another one is the liberal line, the theory represented by Adam. Smith and the contemporary neo-liberalism. It is worth noting , written in Anglo-American mainstream school of economics, history, mercantilism Lord (The name is actually an error) was banished to be worthless. and Liszt's economics, it seems non-existent. This is a reason behind it. Reporter: Modern mainstream economics is mainly British and American schools. Anglo-American formalism and reality-based genre with the German Historical School is indeed different. but do you think apart from sectarianism, whether there are other reasons, the school ignored the mainstream school of Liszt? He Xin: very simple - the interests of national interest reasons. I tell you one of my fantasy. having observed Steven Cheung, Sachs a class to help China, the former Soviet-designed reform program, foreign economists, who suggested that they read and reform programs, I often think of in the mind the late Warring States period some other countries as In 1990, an analysis of the international situation has presented a historical analogy, I think the situation in post-Cold War world, much like the pre-Qin China's Warring States Period. America is today the world aimed at the annexation of the . and now on the international diplomatic strategy, . The so-called Reform of the state of Qin accumulated economic strength. Second, since such a large Pak Wuan Jun strategist. Third, Zhang Yi. As a diplomat and a spy, he split the Chu and Qi, and Wei Qin central states of the Union refused, Qin at the same time the State of Chu was the main opponent within the manufacturing of information and political chaos, and complete defeat for the state of Qin to force the country to lay a very important diplomatic, political and psychological basis. today's international situation and the political structure history is quite similar to the point of the Warring States period. So Jun Zhang Wuchang, Sachs a class of reading his book. This is the contemporary We'll also be a chance to be special chat, today, I recommend you read his first in mainland China recently compiled and published this , 2000 ed.) but you read his book must be patient. to endure reading this book would have a feeling of a sour lemon. Becker, an American economist Zhang Wuchang made on a subtle comments, said: prejudice, language is often hard to pronounce and the beauty of language is unintelligible style Chinese, with all the features of the colonial academic. But the book is still worth reading. It can tell you the latest contemporary mainstream economics is how exactly the same thing. Only After reading this book, you will be surprised eager to learn and believe in the Chinese people (including leaders like Zhao Ziyang), how would ever do in the 80-90 age of acceptance and belief in this lightly lime-style economics. Wuchang recently, Dr. wrote an article accusing Marx, he used the identity of a gentleman beneath Popi style language, the text title is called Smith is the Holy Spirit's. It is strange that the learned professor, but it does not seem to know the most important point, but Adam Marx's theory of value. Smith's theory of value logical deduction, there is a logical necessity. And the Dr say this, as if some of the new Cambridge school heavyweight theory, such as Joan. Ms. Robinson and Sraffa's theory does not exist. Robinson and Sraffa have the new Keynesian or new classical Marxist point of view, explored in depth the value of Marx and Adam Smith theory of the inherent logic. Reporter: Adam Smith's economic theory is supporting liberal, and Marxist economic theory is the anti-liberal. The two economies theory should be opposite to each other. He Xin: The surface seems so, but they still have a common theoretical origin. Do you think there is a contradiction? Reporter: Yes. He Xin: You know, Marx's economics, not from the fall from the sky. Marx himself explained it. In his view, Adam. Smith's doctrine of indulgence contradictory factors. so right, you can come out of liberalism. to the left, you can come out of the anti-liberal intervention Marxism (including socialism). this point, we discuss the value of the back when an in-depth discussion. Because of this, half of the 19th century became known as the liberal ism, shock therapy was in the world stinks out. However, Jun Zhang Wuchang, Dr. Sachs has been a common theory of privatization Godfather, this is the Coase. He was awarded the 1990 Nobel Economic Prize. In fact, the U.S. should give this a group of people: Coase, saxophone, Zhang Wuchang more and larger awards. Warring States Period, Zhang Yi only ruin a piece of tongue Chu, The king has given him a purpose sealed country, a prime minister. do see History. Zhang Yi Biography vision. a Harvard Sachs economy, have so far not breathe. I think the U.S. should be sent to the saxophone all awards, award was not enough now! (laughs) 9, a misleading press China's reform program: some economists may question your this view. It was pointed out that the collapse of the Soviet economy was due to finish the Reagan Star Wars arms, Sachs's shock therapy instead. and warned people not to respond to China's current U.S. the Soviet Union in the past. He Xin: This is too smart, it can not but praise. This is yet another well as the ideology of the Chinese people to set traps. it appears in such a context: While the Bush administration to meet the U.S. right-wing ( Arms Group of forces) requirements, and fully prepared to start the combat readiness of its arms and trains at the same time, some people immediately to the Chinese, suggesting that the the possibility of armed self-China theory. Reporter: But this argument if you think there is some truth? He Xin: Hegel, this argument is the so-called variety of reasons, a very complex background. In terms of who only pulled out of the background of these very forms of complex point, and then as a basis for argument. purpose? is to prevent China's response to the new international situation, strengthening the their own weapons and equipment. In fact, for strengthening the military is bound to make a country's economic collapse with that, we can make a lot of reality and history questions. The first question is the U.S. economy. U.S. NMD is not only committed to the development deep meaning of the global strategy, and the economy out of its own in recent years, deep in the hollow, foam, improving the economy as a matter of fact, to take advantage of super-giant into the U.S. market, international hot money, make bets to the highest concentration of high-tech military industry on; as the overall lead the U.S. economy, including raising the employment rate, to avoid the occurrence of further economic decline, with far-reaching economic significance. In addition, from a historical point of view, nor inevitable. Before World War II Germany under the Treaty of Versailles huge indemnity, and Wei code adopted by the Government's neo-liberal economic policies, the national economy trapped in collapsed and unemployment reached the highest point in European history. It is this economic background led to Hitler coming to power and implementing new economic policies. At that time the German government to focus on domestic resources in heavy investment in national defense and science and technology approach to a similar later Roosevelt external expansion provides the economic base. North Korea is the world's one of the largest military investment in this country living extremely difficult, but why so far no crash? the Soviet Union during World War II into the wartime economy of all industrial, Why did not the Soviet Union crash? I cite these examples just to show that on the industry for national economic and employment significance and role, this problem is very important. I think we can come back again after more in-depth discussion. Q: Let us summarize our discussion today. I see you are convinced that the United States is very concerned about China economic reform, and has arranged a decade ago Zhang Wuchang, saxophone and other scholars involved in the design of China's reform of economic theory. And the problem that the U.S. concern for China, not to China's economic modernization, but to carry out and implement National's own strategic goals and interests. Therefore, the use of Steven Cheung, Sachs scholars as the implementation of this type of ideological tool for this goal. He Xin: You summed up very well. According to my long-term observation and reflection, I think, really There is a background from the United States, by its manipulation through impact, and some Chinese scholars and officials to advocate the implementation, in order to systematically destroy the Chinese state-owned economy as the goal of the plots (soft war). the plan since the 80s of last century Enter the middle, with the specific steps the process of economic reform and the deepening of the development subject to adjustment. In general the following phases: (1) elimination of price subsidies and restrictions as an opportunity to propose to The turned over to the profits) go directly to the private sector tax collectors and taxpayers. private sources monitoring difficult (easily lead to capital flight, enabling the privatization). At the same time sources of revenue directly leads to the direct relationship between the state and taxpayers, easy Caused by the tax resistance activities. lead to social conflicts. (2) advocating the . national bank in investment funds and financial revenue. easy to macro-control. In the new system, private capital directly into the stock market, the state finance by debt and deficits and taxes. state control over the national economy thus greatly reduced. (4) advocacy to promote - Do not call the privatization of the privatization policy, the collapse and dissolution of state-owned enterprises. As state-owned enterprises into the financial and market difficulties, resulting in paralysis of many enterprises, bankruptcy, thousands of people into mass unemployment. (1996 - 1998) (5) of the grain distribution system, administrative control, giving up the prices of agricultural support policies, long-term neglect of the rural financial and agricultural problems, leading to severe hardship in recent years, the agricultural economy, the plight of the peasants once again into existence. (6) in the post-Asian financial crisis and the IMF on the U.S. the proposal to maintain the RMB exchange rate high, resulting in a significant decline in exports in 1998. (7) advocating accelerated integration with the international financial markets, early implementation of the free convertibility of the renminbi, to prepare for international speculators (financial predators) full liberalization of the Chinese stock market (8). 160 billion for the hard-earned foreign exchange reserves in China, and now it was suggested that purports to put to no protection of the international financial market participants to arbitrage the coup speculation game. Once the depletion of foreign exchange resources, or trapped in the lock, the future of the Chinese Government is bound to fall into serious financial crisis. and even the external debt, debt and had to rely on Western financial power pitching, which fall into similar to today's liberalism in China suffered a major setback Reporter: But there is an important issue. in your opinion, entered the United States to China this set of programs, but at least in part been implemented. But in reality, the Chinese economy have not been ruined . On the contrary, today the majority of Chinese people (and even some of laid-off workers in large cities) life better than before the reform. the opportunity to choose more than in the past. how do you explain this? any new: in history and there is no absolute error. If we look at the entire history of mankind, you will find that the idea is not a departure from the right, from right to correct history. and usually start from the error, the error in the reflection, summed up the experience, so the accumulation of wisdom, thus The progress of history. The process is dialectical. I called dialectic, bear with two layers of semantics. The first is the debate, the second is a cross-checks and cross-examination, verification. Q: What is your opinion in the United States attempts to reform the Chinese economy the actual process was defeated. He Xin: Exactly. in the modern history of the United States is a culmination of clever country. in the 20th century, the whole history of the world, President Wilson from the beginning of the century began to be filled with a U.S. style idealism. from Mahan started the country's strategists carefully calculated, are determined to achieve world domination by the United States as the center's intent. However, the lack of American culture a kind of Chinese fatalism (optimistic attitude to life) and pessimistic doctrine. They do not know, in the end, the unexpected outbreak. History has its own laws of .50 s, they re-armed Japan, support the East Asian dragons, the purpose is to establish the opposite of China, China's trapped lock. The results failed to stop the Chinese strong, but support for their own out of a potential Japanese rivals and the American Center is divided into fragments incorporated into the new global system, but special unexpectedly liberal economic factors but the economic development of China provided a powerful stimulus to stimulate a new great vitality. bad things into good things. Reporter : Is it a conservative ideological resistance has a relationship? any new: the new freedom ...