Zhang Weiying, 张维迎
"Mr. Zhang’s academic colleagues were all praise for the “China Model,” but in 2009 he was giving speeches entitled “Bury Keynesianism.” Then a top administrator at Peking University, where he now teaches economics, he argued that since the financial crisis was caused by easy money, it couldn’t be solved by the same. “The current economy is like a drug addict, and the prescription from the doctor is morphine, so the final result will be much worse,” he said.
He invoked the ideas of the late Nobel laureate Friedrich Hayek and the Austrian School of Economics to argue that if the economy weren’t allowed to adjust on its own, China’s minor bust would be followed by a bigger one. He also advocated doing away with existing distortions such as the monopolies enjoyed in many industries by state-owned enterprises."
--http://dailycapitalist.com/2012/10/14/an-austrian-in-china/
See also: http://www.nytimes.com/2012/06/17/world/asia/in-shift-china-stifles-debate-on-economic-change.html
"A cause célèbre in Chinese economics circles, Mr. Zhang was fired a year
and a half ago from his post as dean of the university’s Guanghua School of Management.
Since then, he has been on an extended sabbatical, traveling widely and
giving speeches on the country’s brewing economic troubles, among them
slowing domestic growth and a collapse of financing for private
enterprise.
The hitch is that much of his work is deliberately hard to access or is consigned to secondary publications."
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