Tako

The Web curated

Tuesday, January 17, 2012

Birth of the chinese economy

This is an interesting story from NPR Planet Money about Chinese farmers who collaborated on a secret free market experiment.
"In 1978, a group of farmers in a Chinese village called Xiaogang wrote a secret contract and hid it in the roof of a mud hut. They were afraid the document might get them executed. Instead, it wound up completely transforming the Chinese economy."
Posted by Matt at 20:52
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Labels: business, incentives, lessons, trivia

No comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments (Atom)

Search This Blog

Subscribe To

Posts
Atom
Posts
Comments
Atom
Comments

Popular Posts

  • One Project Closer: How to Buy the Right Generator for Your Home
  • One small step (drive)
  • 13 Ways to Know if the Government is Reading Your Email
  • "10,000 hours may gain you little if you have no talent"
  • 13 Little-Known Punctuation Marks We Should Be Using
  • Video
  • Plate Art
  • Standing is the New Sitting
  • Belle Curve
  • Sugar is bad

Blog Archive

  • May (4)
  • April (1)
  • March (11)
  • February (26)
  • January (65)
  • December (99)
  • November (90)
  • October (39)
  • September (19)
  • August (7)
  • July (3)
  • June (20)
  • May (49)
  • April (54)
  • March (48)
  • February (58)
  • January (139)

About

  • SCH
  • Unknown
Simple theme. Powered by Blogger.