Two good op-eds take a critical look at the so-called Beijing Consensus that purports to be an alternative to liberalism because of China’s economic success under authoritarian rule with its mix of interventionist and market-oriented policies. The key to China’s impressive progress in the past few decades has of course been its move from extreme poverty and a highly repressed economy toward economic freedom. In today’s Wall Street Journal, Liu Junning, a champion of liberal democracy in China, reminds readers of that fact and of “The Ancient Roots of Chinese Liberalism” (as noted in an earlier post by David Boaz). Writing in an Indian daily, Cato senior fellow Deepak Lal explains that state capitalism has not been the source of Chinese growth and warns against “China’s Hubris,” which is leading to a more assertive state and a decrease in personal liberty.
Featuring Benjamin H. Friedman, Research Fellow in Defense and Homeland Security Studies, Cato Institute; Spencer Ackerman, Senior Writer, WIRED Magazine; and Julian Sanchez, Research Fellow, Cato Institute; moderated by Laura Odato, Director of Government Affairs, Cato Institute.
Featured PublicationWe are grateful to the Harry and Lynde Bradley Foundation and the Carthage Foundation whose support of the October 2012 Cato Conference “Europe’s Crisis and the Welfare State: Lessons for the United States” made possible this special issue of the Cato Journal.
May 23, 2013
May 23, 2013
Latest CommentaryAmartya Sen, as befits a Nobel laureate, has often produced careful calculations to throw light on dark situations, such as the number of...
Featured BookRenowned development economist Deepak Lal draws on 50 years of experience around the globe to describe developing-country realities and rectify misguided notions about economic progress.
More Bang for Your Buck
The Cato Institute tops a new measure of think tank performance in the United States, according to a recent report. Cato bested all other U.S. think tanks in the main category of “Aggregate Profile per Dollar Spent.” “I’m grateful to the Center for Global Development for showing that Cato gives its sponsors something I wish government gave more of to taxpayers: bang for the buck,” said Cato CEO John Allison.