Building things and breaking things in China (Summer School World Tour)
15 July - 38 minsChina’s turbocharged growth may have made it rich, but now it has to deal with rich country problems.
High-speed trains that connect every town. Gleaming new bridges and skyscrapers. An apartment (or two) for every family. No country on Earth has seen the kind of economic growth that China has over the last 50 years. China has become the factory to the world, a grand experiment in central government planning mixed with personal ambition.
It was all enabled by what our guide for today calls, an engineering state, a central planning mindset where leaders believe they can engineer their way out of economic problems. And problems are mounting.
Today on the show, the perils of prosperity an...
Our mission: Find the world’s best economic ideas (Summer School World Tour)
37 mins
8 July Finished