As China's economy crashes Bo Xilai, Communist Party chief of China’s very important Chongqing municipality, has been
removed from his post....The the official Xinhua news agency said that Vice Prime Minister Zhang Dejiang, a North Korean-educated economist, would replace him as Chongqing party secretary.
Given China's mad-mix of heavy municipal central planning, crazed money printing and some free market pockets. Harvard's Greg Mankiw
asks a very scary but important question:
I wonder: What is economics education like in North Korea?
More like re-education, amirite?
ReplyDeleteI believe it is very much like Harvard, MIT and Princeton.
ReplyDelete