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Hardcover Economic Thought in Modern China: Market and Consumption, C.1500-1937 Book

ISBN: 1108499937

ISBN13: 9781108499934

Economic Thought in Modern China: Market and Consumption, C.1500-1937

In this major new study, Margherita Zanasi argues that basic notions of a free market economy emerged in China a century and half earlier than in Europe. In response to the commercial revolutions of the late 1500s, Chinese intellectuals and officials called for the end of state intervention in the market, recognizing its power to self-regulate. They also noted the elasticity of domestic demand and production, arguing in favour of ending long-standing...

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