Robert Guest > Quotes

“After the Communists triumphed, Chairman Mao Zedong subjected his compatriots to social experiment after brutal social experiment. During the Great Leap Forward of 1958–61, he forced peasants into collective farms, causing mass starvation. During the Cultural Revolution (1966–76), he murdered people suspected of bourgeois sympathies and forced engineers and college professors to work as peasants in the fields or laborers in factories. Between 40 million and 70 million people died from his excesses.4”
― Robert Guest, Borderless Economics: Chinese Sea Turtles, Indian Fridges and the New Fruits of Global Capitalism

“Price fixing is a bit like jumping off a tall building shouting, “I abolish the law of gravity.” You cannot simply decree that something is worth more than anyone will pay for it or less than sellers will accept for it.”
― Robert Guest, The Shackled Continent