Weiying Zhang's Books

The Logic of the Market

An Insider's View of Chinese Economic Reform

By: Weiying Zhang

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Logic of the Market

An Insider's View of Chinese Economic Reform

By: Weiying Zhang

The Logic of the Market by Weiying Zhang—considered China’s “leading market liberal”—comprises his most influential essays on economics over the past three decades. First published in China in 2010, this revised edition contains three new essays, which offer those outside China a deeper understanding of the Chinese economy. “Market competition is a really just competition to create value for others... Only through this approach did the Western economy advance over the past 200 years. It is also the reason for China’s economic marvel over the past 30 years,” writes Weiying. Readers will appreciate Weiying’s ability to address both everyday economic issues and the questions that confront a nation’s leaders, not the least a nation seeking to escape mass poverty. The economic reforms and subsequent growth in China may be the most astonishing and hopeful event of our age. Weiying was among the leaders who set China on its path of change. Here he elucidates the pitfalls and the progress of economic reform, celebrating leaders who mixed sustained idealism with judicious compromise. Readers seeking to learn from China’s successes will find much of interest here. Weiying emphasizes the importance of entrepreneurs in the new China. He concludes, “The key for China, as the country with the world’s largest population, to return to being the largest economy lies in allowing the entrepreneurial spirit to develop the potential of the domestic market.” For that to happen, Weiying recommends that China continue to reduce the state-owned economy, lessen government control over the economy, and—over the next 30 years—emphasize political reform to build a constitutional democracy. His thinking is not limited to China. Some of these essays also focus on the global financial crisis—how Keynesian policies can only be effective for the short term and will bring long-term negative consequences. Weiying provides a unique perspective on his country’s market economy, implementation of economic policies, and the potential for Chinese economic development. “I hope that the logic of the market becomes every person’s ideal,” he writes. “That is my reason for writing this book.”

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

430

Publisher

Cato Institute

Published Date

ISBN 10

193970961X

ISBN 13

9781939709615

Ideas for China’s Future

By: Weiying Zhang

Write a review Read reviews Take a Quiz Solve Book Puzzle

Ideas for China’s Future

By: Weiying Zhang

This book attempts to convey that ideas matter and China needs right ideas to defeat wrong ideas and to guide its future reform. The successes that China has accomplished over the last 40 years of reform and opening were the result of ideas defeating interests. After the end of the “Cultural Revolution,” Deng Xiaoping initiated market-oriented Reform and Opening because he had new ideas. While China has made great progress in both economic and social development since the beginning of reform and opening, there is still a long way to go to become a liberal society. Although the ideas of political leaders are crucial in the short term for social transformation to take place, the ideas of the common people play a more important role in the long term. The types of new ideas that China needs are proposed in this book.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

265

Publisher

Springer Nature

Published Date

ISBN 10

9811543046

ISBN 13

9789811543043

The Road Leading to the Market

By: Zhang Weiying

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Road Leading to the Market

By: Zhang Weiying

Since the reform and opening up period, the world has witnessed a transformation within China. This transformation has led millions out of poverty within China and has in recent years seen China as an important and vital engine of economic growth for the rest of the world. While China has made great strides in embarking on the road to a market economy, this book emphasizes that transformation within China to market-driven development is far from over. In this book, Zhang puts forward the idea that the reform in China has now reached a crossroads. The next steps have a bearing not only on the sustainability of past reform but even on whether China will become a veritable world power in the future. With the reform at this pivotal juncture, this book explores further reform within China and examines how the reform debate will develop. The Road Leading to the Market is a highly readable collection of essays which will appeal to researchers and students of China’s economy and a globalized economy.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

178

Publisher

Routledge

Published Date

ISBN 10

1317538897

ISBN 13

9781317538899

The Origin of the Capitalist Firm

An Entrepreneurial/Contractual Theory of the Firm

By: Weiying Zhang

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Origin of the Capitalist Firm

An Entrepreneurial/Contractual Theory of the Firm

By: Weiying Zhang

The book addresses the entrepreneurial origin of the capitalist firm and its asymmetric contractual relationships between capitalists, workers, managers and entrepreneurs, and explains the origin of the firm by focusing on entrepreneurship. A hidden action model shows how assigning residual claim to entrepreneurs can provide a better overall incentive; a hidden information model demonstrates that capitalists are given priority and have authority to select the management, because capital can signal entrepreneurial ability; and a general equilibrium entrepreneurial model shows that the equilibrium relationships between different members of the firm depend on the joint distribution of ability, wealth and risk attitudes in the population. Overall, the book reveals that the capitalist firm is more efficient, not only because it provides better incentives but also because it ensures that the most entrepreneurial people control the firm.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

208

Publisher

Springer

Published Date

ISBN 10

9811002215

ISBN 13

9789811002212

Re-Understanding Entrepreneurship

What It Is and Why It Matters

By: Weiying Zhang

Write a review Read reviews Take a Quiz Solve Book Puzzle

Re-Understanding Entrepreneurship

What It Is and Why It Matters

By: Weiying Zhang

Shifts the focus of economics from a price-centric to an entrepreneur-centric paradigm.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

377

Publisher

Cambridge University Press

Published Date

ISBN 10

1009453394

ISBN 13

9781009453394

Re-Understanding Entrepreneurship

What It Is and Why It Matters

By: Weiying Zhang

Write a review Read reviews Take a Quiz Solve Book Puzzle

Re-Understanding Entrepreneurship

What It Is and Why It Matters

By: Weiying Zhang

Shifts the focus of economics from a price-centric to an entrepreneur-centric paradigm.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

377

Publisher

Cambridge University Press

Published Date

ISBN 10

1009453394

ISBN 13

9781009453394

The Logic of the Market

An Insider's View of Chinese Economic Reform

By: Weiying Zhang

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Logic of the Market

An Insider's View of Chinese Economic Reform

By: Weiying Zhang

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

430

Publisher

Cato Institute

Published Date

ISBN 10

193970961X

ISBN 13

9781939709615

The Origin of the Capitalist Firm

An Entrepreneurial/Contractual Theory of the Firm

By: Weiying Zhang

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Origin of the Capitalist Firm

An Entrepreneurial/Contractual Theory of the Firm

By: Weiying Zhang

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

208

Publisher

Springer

Published Date

ISBN 10

9811002215

ISBN 13

9789811002212

Ideas for China’s Future

By: Weiying Zhang

Write a review Read reviews Take a Quiz Solve Book Puzzle

Ideas for China’s Future

By: Weiying Zhang

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

265

Publisher

Springer Nature

Published Date

ISBN 10

9811543046

ISBN 13

9789811543043

Game Theory and Society

By: Weiying Zhang

Write a review Read reviews Take a Quiz Solve Book Puzzle

Game Theory and Society

By: Weiying Zhang

The progress of society can only happen through interpersonal cooperation, because only cooperation can bring about mutual benefit, thus bringing happiness to each person. This should be our collective rationality, but we often see it conflicts with individual interests, which leads to the so-called "Prisoners’ Dilemma" and does not bring happiness to all. From a game theoretical perspective, this book addresses the issue of how people can cooperate better. It has two objectives. The first is to use common language to systematically introduce the basic methodologies and core conclusions of Game Theory, including the Nash equilibrium, multiple equilibriums, dynamic games, etc. Mathematics and theoretical models are used to the minimum necessary scope too, to make this book get access to ordinary readers with elementary mathematical training. The second objective is to utilize these methods and conclusions to analyze various Chinese social issues and institutional arrangements, with a focus on the reasons people exhibit non-cooperative behaviors as well as the institutions and cultures that promote interpersonal cooperation. In addition to economics, specialists in sociology, law, history, politics and management will also be attracted by this book for its insightful analysis on the issue of cooperation in these fields. Also, readers curious about Chinese society will benefit from this book.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

406

Publisher

Routledge

Published Date

ISBN 10

1351330985

ISBN 13

9781351330985

Game Theory and Society

By: Weiying Zhang

Write a review Read reviews Take a Quiz Solve Book Puzzle

Game Theory and Society

By: Weiying Zhang

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

665

Publisher

Routledge

Published Date

ISBN 10

1351330977

ISBN 13

9781351330978

The Road Leading to the Market

By: Zhang Weiying

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Road Leading to the Market

By: Zhang Weiying

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

178

Publisher

Routledge

Published Date

ISBN 10

1317538889

ISBN 13

9781317538882

Book's by Weiying Zhang

The Logic of the Market

The Logic of the Market

Ideas for China’s Future

Ideas for China’s Future

The Road Leading to the Market

The Road Leading to the Market

The Origin of the Capitalist Firm

The Origin of the Capitalist Firm

Re-Understanding Entrepreneurship

Re-Understanding Entrepreneurship

Re-Understanding Entrepreneurship

Re-Understanding Entrepreneurship

The Logic of the Market

The Logic of the Market

The Origin of the Capitalist Firm

The Origin of the Capitalist Firm

Ideas for China’s Future

Ideas for China’s Future

Game Theory and Society

Game Theory and Society

Game Theory and Society

Game Theory and Society

The Road Leading to the Market

The Road Leading to the Market

Username

Password

Username

Password

Password again

Birthday

Email