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19th August 2017 Part-2:Daily News Analysis
Hi Jatin, Follow your DNA daily, it helps a lot. However, I am confused today by the explanation of visible and invisible hand as mentioned by world bank's economist wrt china. Isnt invisible hand here referring to Adam Smith's connotation about market forces prevailing in free and capitalist economy? Also, by use of both visible and invisible hand, isnt this point more towards economic policies of china, where they use both the brutal force of state machinery (visible hand) as well as market forces in order to achieve the growth and prevent falling in middle income trap? Thanks.
Yes , You are right. And he has done so many mistakes like this in Several DNAs... but it still helps to filter the right information...keep ignoring them..and have a belief in yourself..Also follow yourself or successful ones!!!