[HideousKojima]

>The biggest economic miracle of our time is China's industrial policy and it isn't particularly obvious what the facts about that are.

Is it though? China's economic growth doesn't seem that far off (per capita) from that of South Korea or Taiwan.

[roenxi]

My understanding is that China modelled itself on Singapore too, so I'm not expecting any radical policies. But part of the miracle is the scale of the thing, not just what happens per capita. If we go small enough, one man can go from whoever to billionaire in one generation. Getting a billion people up to a nice standard of living is harder than that.