What if Mao still ran China?

With the Chinese economy slowing and the stock market bubble bursting, debate is raging inside and outside the country over how to ensure the world’s most populous nation remains the biggest driver of global growth…. In a paper, the four economists — from the Federal Reserve Bank of Dallas, Princeton, Yale and Sciences Po in Paris — have examined productivity and growth rates in China at the height of the Maoist period…. Read the entire article on ft.com