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Category: Financial Services

The Western Elite from a Chinese Perspective

The Evangelical Christians I have met in the United States often talk about how reading the Bible changed their lives. They talk about being born again. I am not an Evangelical Christian. I am a Chinese atheist who came to the West to study at the world’s best universities and, later, to work at one…

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Two Cheers for Tax Reform

The recently announced tax reform package is one of the few serious and intelligent proposals offered by House Republicans in years. Not surprisingly, however, everyone seems to hate it. Defenders no less than critics of the plan seem incapable of thinking about tax policy outside of the simplistic framework of Reaganomics. As a result, most…

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Capitalism without Capitalists

Western capitalism is in bad shape. A decade has passed since banks and financial houses began to crumble and took Western economies to the brink of collapse, but economic growth on both sides of the Atlantic remains weak. It is still determined more by governments and central banks than the animal spirits of entrepreneurial capitalism.…

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