I told my daughter that the Chinese are slowing down, and I do not think anymore that they are taking over. She said she was tired of hearing my obsession about the Chinese winning the race of progress.
From what I know now, I changed my opinion, Daron Acemoglu convinced me that a country needs TWO types of Inclusive Institutions, not only in economics, but also in politics.
The Chinese do not have Inclusive Political Institutions.
Freedom and Liberty!
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