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The fallacy of Washington consensus and the role of the Government: interpreting some Chinese contributions to development policy from aspects of Chang'e 4

机译:华盛顿共识的谬误和政府的作用:从Chang娥四号解释中国对发展政策的一些贡献

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Students of economics may have heard of that economics, especially the kind of mainstream neoclassical economics taught in most universities on earth today, is an imitation of physical science in some fundamental fashion. However, few economists would imagine that economics can be as effective as physical science, not even in the remote future. China's Chang'e 4 mission to the far side of the Moon provides a golden opportunity for economists to explore this fascinating possibility from the aspect of astrodynamics. This article, inspired by thoughts of Justin Yifu Lin and Angang Hu among others regarding China's economic reform, demonstrates that physics explaining the Three-Body Problem of classical mechanics may as well be understood as guiding principles when dealing with issues in development economics. Several aspects of Washington consensus' are examined in relation to the concerns raised by Chinese scholars. The study concludes that neoliberal interpretations of modern economics are basically inconsistent with the neoclassical framework outlined in standard economics textbooks.
机译:经济学的学生可能听说过,经济学,尤其是当今地球上大多数大学所教授的主流新古典经济学,都是以某种基本方式模仿了物理科学。但是,几乎没有经济学家会想到经济学甚至可以在遥远的未来都像物理学一样有效。中国'娥四号在月球另一端的飞行任务为经济学家提供了千载难逢的机会,从太空动力学的角度探索这种引人入胜的可能性。本文受到贾斯汀·林伊夫和胡鞍钢等人关于中国经济改革的思想的启发,表明物理学解释古典力学的三体问题也可以理解为处理发展经济学问题的指导原则。针对中国学者提出的担忧,研究了《华盛顿共识》的几个方面。研究得出的结论是,现代经济学的新自由主义解释与标准经济学教科书中概述的新古典主义框架基本矛盾。

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