Lawrence Lau
Ralph and Claire Landau Professor of Economics, CUHK
Lawrence J. Lau is Ralph and Claire Landau Professor of Economics, The Chinese University of Hong Kong, and Kwoh-Ting Li Professor in Economic Development, Emeritus, Stanford University.
Aug 30, 2011
The recent down grading of U.S. sovereign debt has apparently upset financial markets worldwide. But before we get carried away by a wave of “irrational pani
