“lower the amount of government spending”
Paul Ryan, “Saving the American Idea,” Remarks to the Heritage Foundation, October 26, 2011. http://blog.heritage.org/2011/10/26/video-rep-paul-ryan-on-saving-the-american-idea/.
“Once more, I am reminding you”
“Ukraine: Country’s Largest Steel Mill Sold at Auction,”
, October 24, 2005.
“It was like a football game!”
, October 27, 2005.
“hate me—they don’t understand”
See Chrystia Freeland, “Tea with the FT: Yulia Tymoshenko,”
, August 16, 2008.
number of billionaires relative to the size
Ruchir Sharma.,“The billionaires list,”
’s
June 24, 2012.
economic historians have found that Russia’s oligarchs
Steven Nafziger and Peter Lindert, “Russian Inequality on the Eve of the Revolution” (working paper, March 13, 2011).
according to calculations by Branko Milanovic
Branko Milanovic,
(Basic Books, 2011), pp. 41–45.
“A person must be rich or poor”
Smith,
, Book I, Chapter V, Section 1.
the only place in Mexico
Luhnow, “The Secrets of the World’s Richest Man.”
Slim was a vocal supporter of his friend’s reform effort
Slim continued to advocate privatization in subsequent decades. He was the cover boy of the 2012
billionaire issue, which named him the richest man on the planet. In the accompanying story,
asked Slim for his “plan to reboot the economy” of the world. Among Slim’s recommendations: “Let’s talk about Spain. It has a lot of highways and they are all free. They should charge users and sell [the highways] to the private sector.”
a study by Mexican and American political scientists
Isabel Guerrero, Luis-Felipe Lopez-Calva, and Michael Walton, “The Inequality Trap and Its Links to Low Growth in Mexico,” in
, ed. Santiago Levy and Michael Walton (World Bank, 2009).
“When it came to spectrum”
“All Lines Are Busy,”
, November 29, 2010.
“India has been overwhelmed”
CF interview with Kiran Bedi, November 11, 2011.
“Corruption is endemic”
CF interview with Rajiv Lall, November 13, 2011.
“The Gini coefficient”
CF interview with Arun Maira, November 13, 2011.
“The tendency is that people”
CF interview with Kris Gopalakrishnan, November 12, 2011.
According to Hurun, the seventy richest members of the NPC
“China’s Billionaire People’s Congress Makes U.S. Peers Look Like Paupers,” Bloomberg News, February 27, 2012.
“There are skeletons”
Chris Hogg, “What Brought Down China’s Huang Guangyu?,” BBC, May 18, 2010.
China’s billionaires understand that notoriety is dangerous
Russell Flannery, “China Leads the World in Billionaire Flame-Outs,”
, March 9, 2012.
the party’s official policy of pursuing “harmonious growth”
Liu Jie, Kong Xiaohan, and Tian Ye, “Premier Wen Targets Causes of Instability, Stresses Fair Treatment of Disadvantaged Groups,” Xinhua, February 27, 2011.
“original sins”
Philip P. Pan,
(Simon & Schuster, 2008), p. 156.
over the past three decades, China’s average per capita income
International Monetary Fund, World Economic Outlook database, April 2012; National Bureau of Statistics of China; Jeremy Page, Bob Davis, James T. Areddy, “China Turns Predominantly Urban,”
, January 18, 2012; “Income of Urban and Rural Residents in 2011,” January 30, 2012.
“What moves this structure is not a market economy”
Carl E. Walter and Fraser J. T. Howie,
(John Wiley & Sons, 2011), pp. 22–23.
Unlike their Russian comrades, China’s red oligarchs
Laurie Burkitt, “Landed Ladies Top List of China’s Richest Women,”
blog,
, September 29, 2011.
“What would the chairman of China’s largest bank do”
Walter and Howie,
p. 187.
The subtle hand of the Chinese government
Shu-Ching Jean Chen, “China’s Power Queen,”
, January 3, 2008; “Li Xiaopeng Appointed Vice Governor of Shanxi Province,”
