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Cronyism, Not Welfare, Is China's Big Problem

Audio Mises Wire
Audio Mises Wire
Episode • Nov 16, 2021

In an economy where the ruling party controls enormous portions of the economy, attempts to redistribute some of that state-owned wealth isn't necessarily a move against the private sector.

Original Article: "Cronyism, Not Welfare, Is China's Big Problem​"

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

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