Mises Wire
Author:
Lipton Matthews
Online Publish Date:
former results in stagnation. Like other places, Europe suffered from antimarket policies and cultural romanticism, but it became the first place where tradition was . It managed to defeat the Qing dynasty of China (1894–95) and boasted globally competitive industries by the early twentieth century. Quite paradoxically, adopting non-Western country struggling due to the legacy of Western imperialism. To combat competition from the West, China launched an initiative termed the Self-Strengthening