The Hidden Cost of Celestial Governance

What happens when an ancient belief in luck begins influencing decisions worth billions of dollars? In China, Feng Shui has survived centuries of political and cultural change, and despite the Communist Party's official opposition to superstition, traditional ideas about auspicious places and the flow of qi can still influence powerful decision-makers. In this episode, we explore the surprising intersection of ancient geomancy and modern Chinese economics, examining how local officials' beliefs about whether a place is "lucky" can shape investment, infrastructure, and regional development. We investigate research suggesting that these seemingly personal superstitions can have measurable economic consequences, potentially driving businesses and residents away from areas considered inauspicious. At the same time, we consider why political leaders might continue relying on such beliefs in an environment filled with uncertainty and pressure. The story reveals how something that appears irrational and deeply personal can become a very real economic force when those making public decisions allow superstition to shape policy.https://www.economist.com/china/2026/08/06/chinas-superstitious-mayors