Editor,
(Comments on "Internet war on economists is lesson for intellectuals,"
November 14):
It is pretty clear that China has made massive strides over the past 25
years. It would seem silly to say that the economists have not had an influence
in this, along with the pragmatic political leadership. The danger now is that
theoretical economists start to play games that have huge effects on the public.
Economics is not an exact science Galbraith has stated this repeatedly over
his career. Much of economic policy is aimed at psychological effects rather
than real financial controls. They have also been the puppets of business and
political leaders with their own objectives to achieve just like the cigarette
industry found plenty of "experts" to tell us that smoking wasn't really
harmful.
As with all these things, we must look critically at what the "experts" are
telling us.
Ex-File via e-mail
Editor,
China's economists are of very high calibre.
China's failure to narrow the gap between the rich and poor or failure to
generate enough jobs is not because of the poor quality of the economists, but
the poor quality of some public servants and corruption.
Sometimes, those who are well connected have protection, tax exemptions (or
they don't pay taxes at all) and are able to buy their way through layers of red
tape to get a business licence. Some public servants do not behave like they are
serving the public interests, but rather their own. The power they hold is often
abused.
If the red tape and corruption was reduced, I am sure China will be able to
generate more jobs and grow faster.
So the debate should not be about how good or bad are our economists, but
should be about how to get rid of or control inefficient and corrupt public
servants. After that, our economists can do their job.
Fairminded, via e-mail
(China Daily 11/18/2005 page4)