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The Yuxi Circle's avatar

Very interesting conversation. Three points: (1) It looks like most people in the discussion group are successful, young professionals. Probably not in the top 1%, but close to or aspiring to be members of the top 10%. I wonder how the discussion would look among a group of “median” workers. I am a retired American economics professor living in a small city in Yunnan province. My view is that life quality for median workers here is much better than it would be in a similar city in the US. (Or in Beijing). (2). I agree that Wang’s distinction between an engineering state and a lawyers’ state is important. Lawyers typically impede building and engineers naturally want to build. But, I don’t think it comes down to rule of law vs rule by law. Average people in the US often correctly believe that the expense of good lawyers prevents them from accessing rule of law. Which brings me to (3): In my view, the US is more accurately a finance guys state. For example, with enough money firms that are clearly violating the intent and the letter of antitrust law can run rings around the DOJ.

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PF's avatar

Easily the most nuanced and interesting review-discussion about the book I've seen, thanks. Now I want to write my own review after reading this.

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