Geopolitical Economy Report cover image

China builds global alternative as US-led financial order decays

Geopolitical Economy Report

00:00

The Basic Concepts of China's Economy

The main concept is economic rent, the distinction between earned and unearned income. There has to be a model of international payments how it's obvious that some countries are going to end up with claims on other countries China. So I think you can use economic concepts to discuss some of these things but I don't think there's anything equivalent to neoclassical theory of markets in Chinese case.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app