who points out first of all that the book is well organized with meticulous analyses.The book uses reliable statisticaldata for its arguments and is able to summarize international economic experience interms of comparative economics,making it a valuable reference source.However,Ligoes on to say that he does not agree with two aspects of the book.The first is theapplication of the Lorenz curve and the Gini coefficient to the study of a socialisteconomy;the second is the adoption of the formula advanced by Theodore Schultzfor the calculation of investment gains in educational economics.The conclusion ofthe article is Li's own views on questions related to the study of socialist economicdevelopment with Chinese characteristics.