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NOTHING IS PERMANENT EXCEPT CHANGE

The Communist Party must firmly maintain leadership in all areas of work, Chinese President Xi Jinping declared Tuesday in a speech that, while intended to mark the 40th anniversary of Deng Xiaoping's "reform and opening up," seemed to represent a departure from some of its core ideas.

 

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With Deng Xiaoping’s blessing, Mao’s successors scoured the globe for fresh ideas to launch domestic prosperity and global economic power. Yet China’s government did not publicize its engagement with Western-style innovations, claiming instead that economic reinvention was the Party’s achievement alone. Julian Gewirtz sets forth the truer story. LỜI BÌNH CỦA GS.TRẦN HỮU DŨNG: Tôi […]

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“Optimism is the engine of capitalism,” Dr Kahneman said. “Overconfidence is a curse. It’s a curse and a blessing. The people who make great things, if you look back, they were overconfident and optimistic – overconfident optimists. They take big risks because they underestimate how big the risks are.” But by studying only the success […]

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