Mao Yushi: I’m an Optimist

From Economic Observer Online:

The EO continues its special focus series on Mao Yushi, prominent reformist, economist, and social critic. For more on Mao’s background, see our earlier report.

Guo Yukuan: Like many intellectuals of the time, you started as a railway engineer. How did you turn to study economics later on?

Mao Yushi: It was very late when I began to come into contact with economic theory. That said, since the early 1950s, I had already taken a deep interest in operations analysis. At that time, I had found an English book relating how the British used operations analysis to detect German submarines. From that book, I learned how to reduce coal-consumption and improve efficiency in the railway system. That was probably the first time I dealt with the economics.

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