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Full Description
This book offers a groundbreaking analysis of the ancient Ever-Normal Granary system, illuminating its significance in both historical and modern economic discourse. This work systematically explores the theories and practices of buffer stocks within the contexts of Chinese and Western economic histories, creating a dialogue between ancient wisdom and contemporary challenges.
What sets this book apart is its innovative framework, which evolves the concept of Ever-Normal Granary into a dynamic model of "Maintaining Balance through the Mean," culminating in the formulation of the "Ever Normal Law." This theoretical advancement highlights the "Spirit of the Middle Way" intrinsic to Chinese economic thought, revealing the unique insights that shape China's economic strategies.
Designed for scholars, researchers, and students in history, economics, and agricultural policy, as well as policymakers and those interested in food security, this book strikes a balance between academic rigor and accessibility.
Contents
Chapter 1. Introduction: Intertwined History and Economy.- Chapter 2. "Ever-normal Granary": Economic Tradition in China.- Chapter 3. "Ever-normal Granary in Broad Sense": Policy Expansion and Governance for Nourishing the People.- Chapter 4. Transformation of Ever-normal Granary in Modern Times: from Chen Huan-chang to Benjamin Graham.- Chapter 5. Buffer Stocks and Granary Formula: The Neglected Keynesian Economics Theory.- Chapter 6. Buffer Stock Employment: "Ever-normal Granary of Labor Force" and the Kalecki Dilemma.- Chapter 7. Changing Tradition and Historical Transcendence: Dialectical Equilibrium and the "Ever-normal Law".- Chapter 8. Constructing a Modern Large Ever-normal Granary.- Chapter 9. Conclusion: The Spirit of the Middle Way in Chinese Economic Tradition.
