Volume II of this book grew out of the author’s work as an economist for the U.S. Congress on the staff of the House Banking Committee under Chairman Wright Patman and his successor, Chairman Henry Reuss; as an analyst for the Congressional Budget Office; and as finance economist for the House Energy and Commerce Subcommittee on Telecommunications, Consumer Protection and Finance. It is a re-examination of the validity of traditional concerns in order to establish the Context for congressional actions to modify the existing regulatory and structural framework.
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This book launches an ambitious reexamination of the elite politics behind one of the most remarkable transformations in the late twentieth century. As the first part of a new interpretation of the evolution of Chinese politics during the years 1972-82, it provides a detailed study of the end of the Maoist era, demonstrating Mao's continuing dominance even as his ability to control events ebbed away.The tensions within the 'gang of four', the different treatment of Zhou Enlai and Deng Xiaoping, and the largely unexamined role of younger radicals are analyzed to reveal a view of the dynamic of elite politics that is at odds with accepted scholarship. The authors draw upon newly available documentary sources and extensive interviews with Chinese participants and historians to develop their challenging interpretation of one of the most poorly understood periods in the history of the People's Republic of China.
Jane D' Arista lectures on Law and Economies for the graduate programin International Banking Law Studies at Boston University School of Law and is a Research Associate of the Economic Policy Institute in Washington D.C.