Suchergebnisse

1. Interests and Ideas in Economics -- 2. The Institutional Foundation of Human Cooperation -- 3. The Market as the Most Effective System of Cooperation -- 4. The Logic of the Market and the Way of Virtue -- 5. What is a Good Market Theory? -- 6. The Fallacy of Market Failure Theory -- 7. What did China Obtain from Globalization? -- 8. Entrepreneurs and Capitalists in the Market -- 9. Future Economic Growth Depends on Innovation Entrepreneurs -- 10. Entrepreneurship Depends on Culture and the Rule of Law -- 11. Innovation Requires Good Institutions -- 12. The Law of God and Law of the King -- 13. Establishing a Market Economy Requires Constitutionalism -- 14. Implementation is the Life of the Constitution -- 15. The Evolutionary Nature of China's Reform -- 16. Deng Xiaoping Knew What He did not Know -- 17. Can Vested Interests Become Reformers? -- 18. Reform Stagnation is the Source of Intensified Social Conflicts -- 19. Ideas and Leadership Determines China's Future -- 20. Constitutionalism and Democratization in the Next Thirty Years of Reform -- 21. China Needs Institutional Entrepreneurs -- 22. China Must Get Rid of Six Idea Traps -- 23. Will Economic Freedom Lead to Political Freedom? -- 24. The Anti-Corruption Dilemma -- 25. There is No China Model -- 26. China Needs to Overcome its Resentment Complex -- 27. Reform Philosophy Must Transition from Utilitarianism to Rights-Priority -- 28. Pursuit of Liberty is a Duty -- 29. Without a Market for Ideas, China has No Future.

The book addresses the entrepreneurial origin of the capitalist firm and its asymmetric contractual relationships between capitalists, workers, managers and entrepreneurs, and explains the origin of the firm by focusing on entrepreneurship. A hidden action model shows how assigning residual claim to entrepreneurs can provide a better overall incentive; a hidden information model demonstrates that capitalists are given priority and have authority to select the management, because capital can signal entrepreneurial ability; and a general equilibrium entrepreneurial model shows that the equilibrium relationships between different members of the firm depend on the joint distribution of ability, wealth and risk attitudes in the population. Overall, the book reveals that the capitalist firm is more efficient, not only because it provides better incentives but also because it ensures that the most entrepreneurial people control the firm.

Understanding and safeguarding the market economy -- Profits and corporate social responsibility -- Is state ownership consistent with a market economy? the chinese experience -- The anti-competition nature of the anti-monopoly law -- Liberalize commercial activity -- Good policy and bad policy -- The market and morality -- Rational thinking on China's reforms -- China's gradual reform : a historical perspective -- Property rights reform, the rise of entrepreneurs, and China's economic development -- China's state-owned enterprise reform : a corporate governance perspective -- China's price reform -- Market reforms and income distribution -- Understanding the crisis is more important than reacting to it -- The economy is not a single product of GDP -- Financial crises and the development of economics -- Taking the pulse of future Chinese economic growth and systemic reform

Since the reform and opening up period, the world has witnessed a transformation within China. This transformation has led millions out of poverty within China and has in recent years seen China as an important and vital engine of economic growth for the rest of the world. While China has made great strides in embarking on the road to a market economy, this book emphasizes that transformation within China to market-driven development is far from over. In this book, Zhang puts forward the idea that the reform in China has now reached a crossroads. The next steps have a bearing not only on the sustainability of past reform but even on whether China will become a veritable world power in the future. With the reform at this pivotal juncture, this book explores further reform within China and examines how the reform debate will develop. The Road Leading to the Market is a highly readable collection of essays which will appeal to researchers and students of China's economy and a globalized economy.

This book describes essential principles of and approaches to monitoring and modeling algal blooms. Freshwater algal blooms have become a growing concern worldwide. They are caused by a high level of cyanobacteria, particularly Microcystis spp. and Cylindrospermopsis raciborskii, which can produce microcystin and cylindrospermopsin, respectively. Since long-term exposure to these cyanotoxins may affect public health, the reliable detection and quantification of these harmful algae species has become a priority in water quality