This book provides a detailed review of the accumulated experience and lessons from China’s agricultural reform and opening-up since the late 1970s, examining various aspects of this transition and providing a new perspective that can contribute to developing economic theories. The success of...

In this work, Rutherford reviews why Adam Smith, Hayek, Mises and others praised economic markets, with a view to understanding, in contrast, historical attacks on markets dating as far back as Aristotle. The market has long been criticized as an inappropriate method of allocation, encouraging...