Eye opening unassailable logic.
required reading for life in the modern world
The World would be so much better if everyone understood the truths in this book.
Are you someone who likes to hear views that are different, or do you just want information that will support what you already think? If it is the latter, then forget this book - you will probably just get mad like one of the other reviewers. If it is the former, then get ready to get your world-view rocked. That does not mean that I ended up agreeing with everything - I have criticisms for every book and this book is simply too wide-ranging for its size to be able to make every argument fully - but I really appreciated seeing the different perspective. I have read Milton Friedman, and this is the other side. The book gave me a lot to think about, and it left me knowing less than before, which I think is a good thing.
This book is so full of baseless assertions, I could not get even a third of the way through it. It reads like a socialist propaganda pamphlet.
Ha-Joon Chang no way.Joe Barret yes.
The narrator was good.
Disappointment as it contain incorrect "facts".
Some of the things that ruined the book:Fanny May and Freddie Mac was never true private companies. He does not even mention the affordable housing act, and the real involmemnt of these two giants. The time periode from the 80's until now did not have a completely free market as he claims. He also equate personal risk and benefit with the notion that this automatically leads to people trying to cheat and hurt everybody else. This is the worst drivel I have ever tried to read.
Evening and Weekend Manager Lone Star College-Greenspoint Center Houston, TX 77060
This is by far the best book on economics that I have read. Dr. Chang is clear, articulate, interesting and at times even humorous as he peels back the myths people believe regarding capitalism as well as the misunderstandings and false assumptions most folks labor under regarding this American sacred cow. He is in no way anti capitalism. Like Churchhill was about democracy, Chang argues that capitalism is the best of many poor economic choices. He does go into great detail explaining how he believes this sacred system could be tweaked and engineered to serve more of society with better outcomes. This liberal message did more to move me to the right in my economic philosophy than anything that I have read. He gave me hope that there can be a form of capitalism that does not produce more losers than winners. I am looking forward to reading his previous book, Bad Samaritans .
A liberal's view of what's right and wrong with both free market and government controlled economics.
Should be mandatory reading for all politicians and bankers.
He does not stumble over the big words.
Global finances 101.
I agree with most of the analysis and conclusions of this book. The author promises to talk plainly about the economic points he is making -- but the "econ-o-speak" is definitely still present. Some of the information could have been better translated into everyday English.
Addicted to audible. One the best things that happened to me
This book is a must read for developing nations that are following blindly what is done at the developed countries economies without considering their action.
I read this book with an open mind. Its rationale, articulate and precise thoughts made me listen carefully to every word with all my senses. Surely, after done reading it, you will believe that the market is not as free as we like to think it is, but rather as long as humane efforts are based on individualism and the interest of big powers vs. those who are crushed in developing and underdeveloped nations, the world will never have hope for the future. It is only by the collective minds and powers of all people can we overtake this critical stage in humanity's life.
Finally, it is interesting to listen to this book from a southern American accent while the author is Korean!
This book is a lucid and clear disquisition on what goes for "free market" thinking. It examines 23 commonly expressed platitudes about economics and where they fail to explain economic and financial processes. It thereby provides interesting insights to the financial failures of 2008 and the present days. The reading matches the writing, making it difficult to put down. I now want to review the arguments on paper, as they are worthy of closer study.