Just finished the bio of Deng Xiaoping by the recently departed Ezra Vogel. Really fascinating book for anyone interested in the foundation of Modern China. I'd argue Deng was the most important statesman in the world from 1950-2000. Many lessons for India. A few takeaways (1/n)

We expect transformative leaders to be grand architects w/ a modernization vision. They should know what changes are crucial. In actuality, most have no clear agenda. Reforms - esp econ. ones - are messy, contradictory, beset by unorthodox ideas mixed in w/ many good ideas (2/n)

Deng & his Communist Party had a nebulous philosophy of "trial by error" & "do what works." Deng's early years as ruling premier were noteworthy for debacles like an economic retrenchment & abrupt cancellation of foreign contracts to husband scarce forex reserves (3/n)

Deng believed in the "population bomb" myth and enacted the 1-Child Law which could hurt China's long-run growth prospects. Deng also quixotically spent much of his country's resources trying to become a petro-state to match Saudi Arabia during the '70s (4/n).

Even Deng's good ideas like special economic zones (SEZs) were rife with problems and accusations of poor implementation. SEZs led to shortages, graft, inflation. Communist leaders demanded an SEZ moratorium and Deng would periodically accede to such demands (5/n)