In his best-selling 23 Things They Don't Tell You About Capitalism, Cambridge economist Ha-Joon Chang brilliantly debunked many of the predominant myths of neoclassical economics. Now, in an entertaining and accessible primer, he explains how the global economy actually works - in real-world terms.
Writing with irreverent wit, a deep knowledge of history, and a disregard for conventional economic pieties, Chang offers insights that will never be found in the textbooks. Unlike many economists, who present only one view of their discipline, Chang introduces a wide range of economic theories, from classical to Keynesian, revealing how each has its strengths and weaknesses, and why there is no one way to explain economic behavior. By ignoring the received wisdom and exposing the myriad forces that shape our financial world, Chang gives us the tools we need to understand our increasingly global and interconnected world often driven by economics.
From the future of the Euro, inequality in China, or the condition of the American manufacturing industry here in the United States - Economics: The User’s Guide is a concise and expertly crafted guide to economic fundamentals that offers a clear and accurate picture of the global economy and how and why it affects our daily lives.
©2014 Ha-Joon Chang (P)2014 Audible Inc.
Anyone interested in economics should read or listen to this book. The brilliant, well-considered, refutation of rigid economic orthodoxy presents the diversity of the dismal science, making it a little less dismal.
Beyond the hammer and the nail.
Government intervention into economy is good and even necessary. Unions are good for economy. FDR's new deal was right. Keynes is the greatest economist of the XX-th century. Girls do not go into 'hard sciences' (meaning math, physics) because they are conditioned by society ... Just few examples. If you agree with all that, you will like this book.
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