China is experimenting with representative democracy. Cynics say “don’t hold your breath,” but they fail to consider a new generation of Chinese citizens and leaders who are developing different sensibilities than their forebears.
How is a country with a lower per capita income than Kazakhstan, one of the worst environmental records of any major nation and a dictatorship, besides, hailed by so many as the next global superpower?
Why have economists been so wrong so often? Certainly theirs is a tough job, since the global economy is a complex creature. Yet it turns out that their measuring sticks are woefully inadequate. Indeed, they aren’t even sure what to measure.