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Goverment-Subsidized Technology Won't Save China's Economy

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Tags Socialism

06/23/2020Mark A. DeWeaver

China’s “new infrastructure” will likely be but one more example of the false promise of technology as an antidote to the irrationality of state-controlled economies.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: "Goverment-Subsidized Technology Won't Save China's Economy".

Note: The views expressed on are not necessarily those of the Mises Institute.

Contact Mark A. DeWeaver

Mark A. DeWeaver, PhD, CFA, is a cofounder of the fund management company Ithaca Advisors, LLC, and the author of Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World's Emerging Economic Giant

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