林毅夫跌宕人生路(Rollercoaster life of Yifu Lin)

ebook

By Li GuoWei

cover image of 林毅夫跌宕人生路(Rollercoaster life of Yifu Lin)

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This book, besides the academic thoughts of Yifu Lin, also describes his legendary experience. It is well known that Yifu Lin is famous for his economic theory of 'Enterprise viability' and 'Comparative advantage', which is highly in accordance with authority.

As a Chicago School economist, the theory of Yifu Lin is alternative. Basically, Chicago school of economics insiststhe analysis of neoclassicism economics value theory, specifically manifesting in their policy proposal that reflects liberalism based on 'free market'.

Thus, Yifu Lin presumably seems to implement the Chinese economic reform proposal as the basis of privatization. However, Lin becomes a proponent for progressive reform, which is not only because his academic debate among some economists, but also his whole theory reveals 'state-owned enterprises and socialist public ownership of land' will continue to develop in a long term.

In Lin's view, China is not able to apply to the theory that western economic theorists considered 'private property rights comes before a complete market competition and business Efficiency'. The unique economic phenomena in China cannot be explained via economic theory by Lin, he said, 'the marrow of economics is classics lifetime benefit civilian and a practical science'.

The majority hold that Yifu Lin is a major contributor for 'a new socialist countryside construction'. He believes thatthe problems of Farmers, Rural Areas, and Agriculture Production in China do not point to the land property rights. The government can make the most of fiscal lever influencing on rural areas promisingly; for example, provide public products and services for increasing domestic demand in rural areas.

林毅夫跌宕人生路(Rollercoaster life of Yifu Lin)