The rise of a crisis-prone banking sector and its political power has received significant attention following the most recent financial crisis. The crisis sparked a growing interest in understanding how and why we have created a world of large, unstable banks. Excessive banking activity arose...

An exploration of reform of the Chinese economic system (August 1984) -- On the target model of price reform (January 1985) -- Comprehensive reform is in urgent need of overall planning (April, 1985) -- Issues regarding coordinated reforms over the next two years (May 3, 1986) -- Problems and...