1987 | OriginalPaper | Chapter
An Economist’s Retrospective Reflections
Author : Heinz W. Arndt
Published in: Protection, Cooperation, Integration and Development
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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In the dawn of ping-pong diplomacy, a group of Yale economists visited China. Lloyd Reynolds, in his account of the visit, related how in Peking they expressed to their hosts the wish to meet some government economists, whether planners or advisers. They were quite unsuccessful. Gradually, said Lloyd Reynolds, the awful thought occurred to us: is it possible that a country of 900 million people can be governed without any economists at all?