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Adam Smith at Three Hundred (May 2023)

Fed-Triggered Risks (March 2023, in Chinese)

Smith, Coase, and Keynes (December 2022, in Chinese)

Meritocracy and Causality (December 2021, in Chinese)

Pauca sed Matura (January 2021, in Chinese)

Dollars, Debts, and the Cost of Capital (September 2020, in Chinese)

Coase and Vickrey: A Comment on Radical Markets (June 2020, in Chinese)

What Does the Negative Price Mean? (April 2020, in Chinese)

Substitution and the Cost Disease (September 2019, in Chinese)

Notes on Risk and Cost (July 2019, in Chinese)

Marx at Two Hundred (August 2018, in Chinese)

Reason and the Passions (March 2017, in Chinese)

Coase Theorem and Its Discontents (December 2016, in Chinese)

Helicopter Money Is Not the Cure for Deflation (August 2016, in Chinese)

A Tale of Two Institutions (June 2016, in Chinese)

What Is Fixed Cost? (April 2016, in Chinese)

RMB, SDR, and Triffin Dilemma (December 2015, in Chinese)

Adam Smith in Hong Kong (July 2015, in Chinese)

The Problem of Marginal Cost (April 2015, in Chinese)

Digression on Cost (October 2014, in Chinese)

Comments on Capital in the Twenty-First Century (August 2014, in Chinese)

Reflections on Trade and Politics (July 2013 (last revised March 2014), in Chinese)

Life of Adam: the Past and Future of Economics (ppt version, February 2013, in Chinese)

Lessons from How China Became Capitalist (July 2012, in Chinese)

Capital Tax: Equality vs. Efficiency (June 2012, in Chinese)

I Read, therefore I Recommend... (January 2012 (last revised January 2024), in Chinese)

Something about Say's Law (September 2011, in Chinese)

The Essence of Keynes's General Theory (September 2011 (revised November 2016), in Chinese)

Adam Smith Discovered Comparative Advantage (December 2010, in Chinese)

A Note on CBC's Exchange-Rate Policy (November 2010, in Chinese)

Smith, Coase, and Economic Growth (September 2010, in Chinese)

Why Can't Consumption Voucher Work? (November 19, 2008 (last revised May 25, 2020), in Chinese)

What's the Main Difference between Keynes and the Classical School? (September 2008, in Chinese)

The Very Basics of Economic Growth (May 2008 (revised April 2009), in Chinese)

A Note on Fisher Separation Theorem (March 2007, in Chinese)

A Note on the Method of Lagrange Multipliers (March 2007, in Chinese)

Notes on Black-Scholes Option Pricing Formula (March 2006)

Notes on Kaldor's Stylized Facts (March 2006)