An article in the The Economist (2007) tells the story of an economist who once visited China
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An article in the The Economist (2007) tells the story of an economist who once visited China during the rule of Mao Zedong. He saw hundreds of workers building a dam with shovels and asked, “Why don’t they use a mechanical digger?” The foreman replied, “That would put people out of work.” How does this comment relate to the “labour game” discussed in the chapter?
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Public Finance In Canada
ISBN: 9781259030772
5th Canadian Edition
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
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