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Academic
: ConglomerateNiall Ferguson on China's Fatal Flaw
By Gordon Smith, Christine, Hurt, Vic Fleischer, Fred Tung, Lisa Fairfax, David Zaring
Here's a fascinating interview with Niall Ferguson. I was particularly interested in his comments a la Douglass North crediting the rule of law with the success of Western economic powers and asserting that China must fundamentally change its legal system or fail. It's not a novel point, but it sounds wonderful in Ferguson's accent. If you don't have time for the whole thing, start at 19:07.
Via Paul Kedrosky.
Full post as published by Conglomerate on December 13, 2009 (boomark / email).
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