ChinaTalk

Tooze and Klein on China's Economic History and Future

Sep 3, 2021

Economist and historian Adam Tooze, known for his insights into 20th-century economic history, joins Matt Klein, co-host of the Overshoot newsletter, to dive into China's complex economic landscape. They discuss the CCP's human development achievements since 1949, the hyperinflation crisis from 1937 to 1949, and how past policies have shaped China's current economic strategies. Their analysis also touches on global economic trends and the potential implications for China's future in a rapidly changing world.

01:21:22

Creator website

Episode guests

Matt Klein

Adam Tooze

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Episode notes

Intro

5min

Economic Transformations and Human Capital

19min

Hyperinflation in China: A Historical Perspective

18min

Exploring Heroism and Sacrifice in Times of Crisis

2min

National Sacrifice and Political Narratives

29min

Listener Feedback and Critical Reflections on ChinaTalk

4min

Exploring China's Economic Journey and Global Impact

2min

How much credit can the CCP claim post-1949 for the higher level of human development relative to the level of visible capital in China? To discuss, historian Adam Tooze and Matt Klein of the Overshoot come for their third ChinaTalk appearance. We go back to the oft-forgotten hyperinflation of the 1940s to why in the 80s the World Bank believed a little bit of policy tinkering would lead China’s economy to skyrocket.

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Outtro music: Capper - "牧羊少年/Ἐνδυμίων" https://www.youtube.com/watch?v=kRQoE6dRGSo

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