A middle way around the economic errors of the past

The most valuable new book I've read this year is Justin Lin Yifu's The Quest for Prosperity.

George Akerlof, a Nobel laureate in economics and a man not given to reckless overstatement, calls it "a masterpiece". I'd say that's right.

Lin is an interesting man. In 1979, as an officer in Taiwan's army on the fast track to the elite, he defected to the People's Republic of China by swimming the channel between a Taiwanese island and Xiamen on the mainland.

via Business feed http://www.scmp.com/business/economy/article/1111689/middle-way-around-economic-errors-past