Recommended by James K. Galbraith at Project Syndicate

Written By Ryann Russ

“This is a great work of economics and history... Weber shows how close the Chinese came in the 1980s to taking the catastrophic Russian path, and documents how and why they chose gradualism with price and exchange controls instead – a decision that was essential to the country’s rise.”

Project Syndicate

Ryann Russ

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How China escaped, and Eastern Europe was felled by, the Volcker shock by Branko Milanovic