Property Rights and Changes in China

This book is selection of authors articles about Chinas reform and development. The earliest article of the anthology was written in 1986 and the latest in 2017. The author studies the changes in property rights and system based on the practical experience of Chinas reform. In the first article Economics in the Real World, the author expounds on Coasean Economics Research Method which is neither fashionable nor popular and finds out problems from the fascinating real world. It focuses on researching the constraint conditions and strives to have cognition generalized. Guided by this methodology, all the following articles are about empirical research on Chinas reform, involving such fields as farmland reform, reform of state-owned enterprises, medical reform, urban-rural relationship, monetary system and regulatory reform. In the concluding article Institutional Cost and Chinas Economy, the author, gives a new interpretation for the economic logic of the high-speed growth and transformation of Chinas economy by redefining concepts. Reading the anthology, readers may not only follow the authors train of thought to have an overview of the surging and magnificent reform course from small clues to the evident, but also have a broader train of thought on studying and comprehending the practical problems of China.