Jim Walker (@drjim_walker) 's Twitter Profile
Jim Walker

@drjim_walker

Chief Econ Aletheia Capital, Morton supporter and racehorse owner. Austrian economist that looks beyond China’s politics. Profits drive growth, not spending.

ID: 2162408330

calendar_today29-10-2013 08:18:14

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Jim Walker
@drjim_walker

9 months ago

Excellent piece but i disagree with Art that emphasis on investment will reduce profits. Better capital allocation will raise productivity and competitiveness and thus boost profits. In turn, the economic cycle will pick up speed. China is more capitalist now than the West.