Zhāng Wǔcháng; born December 1, 1935), a Hong Kong born economist, specializes in the fields of transaction costs and property rights. Known for his work on private property rights and transaction costs, he achieved his fame with an economic analysis on China open-door policy after 1980s.[citation needed] In his studies of economics, he focuses on economic explanation that is based on real world observation (i.e. an observation first approach). He is also the first to introduce concepts from the Chicago School of Economics into China.

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张五常

中信出版社

Economic Explanation, 2012 Edition Book Three: Price Taking and Price Seaching-Vol.3 (Chinese Edition)

CITIC Press Corporation

张五常经典作品 佃农理论

中信出版社出版

张五常经典作品 五常学经济

中信出版集团，中信出版社

冷靜看世界

花千樹出版社

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