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Nobel laureate in economic sciences Thomas Sargent attributes China's remarkable rise to its systematic commitment to openness, science, entrepreneurship and stable institutional rules. Speaking from an American perspective, he notes that the United States is now moving away from the very principles that once made it successful. He suggests that the US has much to learn from what China has done right.
Nobel laureate in economic sciences Thomas Sargent attributes China's remarkable rise to its systematic commitment to openness, science, entrepreneurship and stable institutional rules. Speaking from an American perspective, he notes that the United States is now moving away from the very principles that once made it successful. He suggests that the US has much to learn from what China has done right.