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【六折!】界限換季六折清書(╯•̀ὤ•́)╯兩本免運費!文學/人文社科/財經科技——售完即止!

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寄售|半年結算一次

Donald Low

The Price of Zero ($128)

This anthology of essays on the Chinese economy examines the causes and economic consequences of the zero-Covid policy that China pursued during the pandemic. It argues that initial success with Covid suppression, as well as the failure of most developed countries to contain Covid-19, led to the policy becoming ideology. The dogmatic thinking, hubris, and utopianism that motivated zero-Covid also led to a series of crackdowns on industries that, until recently, were key sources of growth and innovation. The result has been a sharp deceleration of the Chinese economy, falling foreign direct investment, and debt deflation. Meanwhile, the country’s social engineers aim to transform the economy into a techno-utopia that leads the world in the industries of the future. But unless policymakers commit to deeper market reforms and foster a new social contract, China’s economic rise could be in jeopardy.

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羊格、肥力、西樓月如鈎、隨想