Ha-Joon Chang
What’s inside
Ha-Joon Chang dispels the myths of free-market capitalism, detailing 23 misconceptions that sustain it, with a focus on ethical and practical implications.
You’ll Learn
- Understanding the myths surrounding capitalism
- Critical thinking about economic policies
- Insights into global economic inequalities
- Challenging conventional economic wisdom
Key Points
- The ‘Free Market’ is an illusion
- Companies should not be run in the interest of their owners
- Most people in rich countries are paid more than they should be
- The US does not have the highest living standard
- Africa is not destined for underdevelopment
- Governments can pick winners
- Making rich people richer doesn’t make the rest of us richer
Who’s it For
- Economists
- Policy Makers
- Students of Economics
- Critics of Capitalism
- General Readers Interested in Economic Theory
About the author
Ha-Joon Chang is a renowned South Korean economist known for his heterodox approach to economic theory and policy.