Economics, But Not as You Know It
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Speaker: Dr Ha-Joon Chang Chair: Professor James Putzel Recorded on 1 May 2014 in Old Theatre, Old Building. In Economics: The User's Guide, which he will talk about in this public lecture, bestselling author Ha-Joon Chang explains how the global economy works, and why anyone can understand the dismal science. Unlike many economists who claim there is only one way of 'doing economics', he introduces readers to a wide range of economic theories, from classical to Keynesian to institutionalist to Austrian, revealing how they all have their strengths, weaknesses and blind spots. By challenging the received wisdom, and exposing the myriad forces that shape our economic life, Chang provides the tools that every responsible citizen needs to understand - and address - our current economic woes. Ha-Joon Chang teaches economics at Cambridge University. His book 23 Things They Don't Tell You About Capitalism was a no.1 bestseller and was called by the Observer 'a witty and timely debunking of some of the biggest myths surrounding the global economy.' He is a popular columnist at the Guardian, and a vocal critic of the failures of our economic system.
Comments
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Sometimes discussing economics is like discussing the obvious, but just by discussing it a lot, even more than necessary, it sounds complicated. It's like digging a hole at a sandy beach.
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whts the name of the book..
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Like books Chang`s speaking is very interesting!
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Clever argument for collectivism, but it fails. The speaker attempts to argue that there is more than one way of looking at economics, but this is similar to a physicist saying there is more than one way of looking at gravity. Markets operate according to immutable laws, just as physics do. Breaking the laws of economics results in pain and damage to the economy, just as breaking the laws of physics results in pain and damage in the physical world. .
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This talk could be condensed into a 15 minute presentation?
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A wonderful lecture that seems to say we as a people can think about the world in a critical way, and that economics has many avenues that can help in the decision making process. Never the less we are constrained by the politics of a nation. Switzerland is obviously a success in that it has produced a welfare state without constraining the the wealthy too much. While countries such as The Congo or Cuba or Cambodia do not do such a good job, and that this is the result of the political elites who hold the political power. The book should be required reading for all professors of Economics, college freshmen, and social scientists. It helps to teach us that our personal egos are often tied into our economic decisions.
Thank You
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33:8 to explain Singapore is the intelligence and hardworking of the citizen, that is all
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Marxist marxist marxist
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Starts at 9:00
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swiss army knife, not a hammer
GOT IT -
Oh, this guy...
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This man is good!
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Ha-Joon Chang is always a pleasure to listen to. He is a very smart unpretentious kind of guy which is a rare combination in the field of economics.
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Excellent, have ordered the book already. But who ever pioneered this daft method of asking three completely different questions after a lecture before allowing an answer?
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I was there !!! Front Row ! :)
It was an honour to listen to DR Chang ( and thanks to the LSE too ;) -
What a fantastic lecture! A phenomenal breath of fresh air. There's another excellent book that espouses the same idea that economics is predicated on ideologically constructed assumptions about the world. It's called "The Foundations of Economics: A Beginner's Companion," by Yanis Varoufakis. An essential read for undergraduates or anyone remotely interested in gaining a solid groundwork understanding about economics and its intrinsic complexity. The book challenges, and ultimately debunks, the simplistic textbook assumptions one by one. I'll definitely read the lecturer's book, too.
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Chang forgot he was in London and Not United States.
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9:00 min mark
0m 0sLenght
274Rating