Wang Anshi, Chinese economist and chancellor (d. 1086)
Wang Anshi [wǎŋ ánʂɨ̌]; Chinese: 王安石; December 8, 1021 – May 21, 1086), courtesy name Jiefu (Chinese: 介甫), was a Chinese economist, philosopher, poet, and politician during the Song dynasty. He served as chancellor and attempted major and controversial socioeconomic reforms known as the New Policies. These reforms constituted the core concepts of the Song-Dynasty Reformists, in contrast to their rivals, the Conservatives, led by the Chancellor Sima Guang.
Wang Anshi's ideas are usually analyzed in terms of the influence the Rites of Zhou or Legalism had on him. His economic reforms included increase currency circulation, breaking up of private monopolies, and early forms of government regulation and social welfare. His military reforms expanded the use of local militias and his government reforms expanded the civil service examination system and attempted to suppress nepotism in government. Although successful for a while, he eventually fell out of favor of the emperor.