The author believes that only the institutional arrangements of “private property, unhampered prices, enterprises, entrepreneurs, and profit” guarantee that in a market economy, “enriching oneself at the expense of others cannot be done.” In fact, he argues, it is this logic of the market that has led to China’s recent unprecedented economic progress and prosperity.
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Paperback: 284 pages
Publisher: Cato Institute; Tra edition (January 16, 2015)
Language: English
ISBN-10: 1939709601
ISBN-13: 978-1939709608
Product Dimensions: 6 x 1.2 x 9 inches
Shipping Weight: 1.4 pounds
http://www.amazon.com/Logic-Market-Insiders-Chinese-Economic/dp/1939709601/ref=sr_1_1_twi_1?ie=UTF8&qid=1424984325&sr=8-1&keywords=The+Logic+of+the+Market%3A+An+Insider%27s+View+of+Chinese+Economic+Reform