I have long found the writings of Cambridge economist Ha-Joon Chang to be interesting and inspiring. As well as being an academic focussing on development economics, he has found time to write more popular works for the general public.
One of his most recent books is ‘23 Things They Don’t Tell You About Capitalism‘. It attempts to dispel many of the myths about so-called free-market economics, which has been hugely influential in setting the framework for government policies around the world since the 1970s.
Chang is not a free-market economist, and admits that he is an unashamed interventionist when it comes to policy-making. He is not a socialist, but merely believes that we can improve the lot of humanity with better-informed economic policies which he believes can make capitalism serve the needs of the many.
From tomorrow, I will be writing occasional posts, each one discussing one of the 23 ‘things’ which make up the chapters in Chang’s book. As these posts accumulate on this blog, I will start a page from which you will be able to access all of them, which will be displayed in a drop-down menu on my homepage.
As ever I welcome any constructive comments. Happy reading!