This is a book that is destined to be controversial and will be a book that stands up to criticism. The ideas of economics discussed in this book are almost completely different from what one usually sees in economics, with different starting points, different perspectives, different depths, and different conclusions. Yet the ideas here, after being discussed with such depth and clarity, are so obvious that one can hardly doubt their validity.
In this book, many new concepts have been introduced, and the book presents the following concepts:
Tabella dei contenuti
INTRODUCTION
CHAPTER 1 The Pros and Cons of the Market
1.1 The Great Benefits that Market and Technology Have Brought to Mankind
1.2 Defects of the Market
1.3 The Relationship between the Market and the Government
CHAPTER 2 The Natural Development of the Economy
2.1 The Operation of the Market
2.2 The Evolution of Money
CHAPTER 3 A Different Perspective of the Economy
3.1 The Problem of Allocation is Important in Economics
3.2 The Difference Between Consumption and Savings
3.3 Stickiness in the Market Economy
3.4 Supply, Demand and Price
3.5 The Process of the Market Diffusion of Goods
3.6 The Other Invisible Hand
3.7 The Mixed Effect of Market Diffusion and the Concentration of Money
3.8 The Life Cycle of a Product
3.9 The Mutual Rising Economic Development and People’s Ideology
3.10 International Monetary System
CHAPTER 4 The Economy- Explained with Economics
4.1 Shortcomings of Foreign Trade Theory
4.2 Marshall’s Theory of Supply and Demand
4.3 The Shortcomings of Keynesian Theory
4.4 Schumpeter’s Business Cycle
4.5 The Monetary School and Currency Flow
4.6 Theory of Rational Expectations
4.7 Problems of the Supply School
CHAPTER 5 Reconceptualizing Economic Development
5.1 Two Famous International Consensuses
5.2 Foreign Trade, Domestic Trade, and Economic Development
5.3 What Are China’s Advantages
5.4 Small Steps and Fast Alternate Development
5.5 Exploration of the Process of Development
5.6 Improvement of National Competitiveness
5.7 Scientific Development
5.8 How China Develops Scientifically
5.9 Limitations of Economic Development
CHAPTER 6 Epilogue
Circa l’autore
The author is now retired from the Beijing University of Posts and Telecommunications(BUPT). Before retiring, he served as the deputy director of the e-commerce research center in BUPT, during which, for more than ten years, he mainly engaged in economic management research and consulting for the telecom industry. Dozens of consulting clients include the headquarters of China’s three major telecom operators and their provincial and municipal companies, multinational corporations like Microsoft, Huawei, Lucent; consulting organizations like Deutsche Telekom Consulting, Nomura Research Institute, Chinese Academy of Engineering, and government departments like the Ministry of Industry and Information Technology, the State-owned Assets Supervision, and Administration Commission, Beijing Economic and Information Commission, and the likes. He had provided decision-making consultations for the relevant national ministries and commissions on top-level affairs in the telecom industry at that time, such as telecom operator reorganization, 3G and 4G license issuance, which were adopted with remarkable results.The author has done various jobs in farming, maintenance, assembly, manufacturing, engineering, research, development, teaching, training, leadership, management, marketing, and consulting. In his decades of various experiences, he has continued to conscientiously summarize and think about the various social, market, and academic phenomena, experiences, and the deep reasons behind them.
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