Author Archives: ijdorfman

More than a Middle Class

A billion people in China are NOT in the middle class. Typically we hear about the roughly 300 million people that make up China’s middle class. This figure makes marketers drool, and is the cause for much self-congratulation by the … Continue reading

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Knowing what we don’t know: the Chinese economy

One thing that strikes me about us serious China observers is that we are frequently and completely wrong about the direction China is headed. In the 1980s many top analysts predicted that without democracy China would be unable to grow … Continue reading

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STOP SAYING THAT! “Increased regulation hinders economic growth.”

At best this is a half-truth. For example, consider a new regulation on industrial air pollution. This would certainly add a financial burden to industries that produce air pollution, e.g., factories, refineries, etc. But, these represent only a fraction of … Continue reading

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In Defense of Cash

Will getting rid of cash have benefits for society? This is a question that economists and public policy experts have been debating more and more. In fact, India (among other countries) has begun to eliminate all large denomination bills. The … Continue reading

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Project Proposal: Comment

In the first presidential debate, both candidates stated that nuclear weapons are the greatest threat facing humanity (one of the few points on which they agreed). Nuclear weapons are a big threat, potentially. Some, including President Obama, make a strong … Continue reading

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Project Proposal

Project Title: The decision-making of social entrepreneurs in China’s urban villages (PDF Version) Overview: I am seeking funds to complete field research for my doctoral dissertation. I am studying how Chinese citizens are working to solve the many problems faced … Continue reading

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Zika: The China Connection

Growing concern about the Zika Virus may seem like a strange topic for this blog. In recent years, China has of course had a variety of viral epidemics. However, the knee-jerk response of several South American countries raises an unfortunate … Continue reading

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