14min chapter

"Econ 102" with Noah Smith and Erik Torenberg cover image

Preparing for a Second China Shock and Bad Economists with Brad DeLong

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

Navigating Financial Capitalism and Economic Reform

This chapter explores the influence of financial capitalism on the economy and the contrasting dynamics within macro and microeconomics. It emphasizes the need for proactive strategies in response to global shifts, particularly relating to China's economic policies. The discussion also critiques current economic approaches, highlighting challenges and emerging solutions within the academic realm.

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