Chinese commo gives K R Puff'n'Fluff an economics lesson

Sweet as. Even the Chinese communists have more of a clue than Kevin 24/7.   KEVIN Rudd has been accused by a leading Chinese economist of being "either short of economic knowledge or misleading his readers" in his famous essay attacking neoliberalism.   In a scathing assessment, Xu Xaonian, economics professor at China Europe International Business School in Shanghai, lambasts the essay, now translated and published in China, as "shallow and crude".   And:   "Lu [Rudd's name in Chinese is Lu Kewen] is either short of economic knowledge or is misleading his readers. Greenspan is a Keynesian, and a thoroughgoing one, not a neoliberal. Lu smartly transformed a failure of government into a failure of the market - a form of propaganda by him and his social democrat comrades which now looks as if it is working."   The Australian

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