Posts

Austrian Economics In Shanghai

Extraordinary things are happening in China, as we know. On the liberty-loving front, we can report a really interesting and path-breaking conference organised by our friend Ken Schoolland: The Shanghai Austrian Economic Summit A milestone event this summer in China. Sponsored by the International Society for Individual Liberty, we have 20+ speakers, 8 from the Mont Pelerin Society, attendees from across Asia, Europe, and the US, and a post conference tour. On a related note, Sean Corrigan informs us of another exciting development for Chinese liberalism: Mao Yushi Wins the Cato Institute’s 2012 Milton Friedman Prize for Advancing LibertyForbes

CNBC: China Reflects ‘Vampire Economy’

Sean Corrigan’s latest appearance on CNBC is well worth watching (3m 42s).

Mon 27 Jun 11 | 02:00 AM ET The Chinese economy reflects the ‘Vampire Economy’ of Germany in the 1930s where the state controlled prices at the expense of profit, Sean Corrigan, chief investment strategist at Diapason Commodities Management told CNBC Monday. He added Chinese inflation figures were “not realistic of the stress in the system.”