Summary Of Ha Joon Chang S 23 Things They Don T Tell You About Capitalism
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23 Things They Don T Tell You About Capitalism
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Author : Ha-Joon Chang
language : en
Publisher: Penguin UK
Release Date : 2010-09-02
23 Things They Don T Tell You About Capitalism written by Ha-Joon Chang and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-02 with Business & Economics categories.
Ha-Joon Chang dispels the myths and prejudices that have come to dominate our understanding of how the world works. He succeeds in both setting the historical record straight ('the washing machine has changed the world more than the internet'; 'the US does not have the highest living standard in the world'; 'people in poor countries are more entrepreneurial than people in rich countries') and persuading us of the consequences of his analysis ('making rich people richer doesn't make the rest of us richer'; 'companies should not be run in the interest of their owners'; 'financial markets need to become less, not more, efficient'). As Chang shows above all else, all economic choices are political ones, and it is time we started to be honest about them.
Summary Of Ha Joon Chang S 23 Things They Don T Tell You About Capitalism
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Author : Everest Media,
language : en
Publisher: Everest Media LLC
Release Date : 2022-05-09T22:59:00Z
Summary Of Ha Joon Chang S 23 Things They Don T Tell You About Capitalism written by Everest Media, and has been published by Everest Media LLC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-09T22:59:00Z with Business & Economics categories.
Please note: This is a companion version & not the original book. Sample Book Insights: #1 When the government interferes with the free market, resources cannot be directed to their most efficient use. If people are not allowed to do the things that they find most profitable, they lose the incentive to invest and innovate. #2 The free market doesn’t exist. Every market has some rules and boundaries that restrict freedom of choice. A market appears free only because we so unconditionally accept its underlying restrictions that we fail to see them. #3 The free market is an illusion. If some markets look free, it is only because we so totally accept the regulations that are propping them up that they become invisible. #4 The free market is a bit like that. We accept the legitimacy of certain regulations so totally that we don’t see them. More carefully examined, markets are revealed to be propped up by rules.
23 Things They Don T Tell You About Capitalism
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Author : Ha-Joon Chang
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2012-01-24
23 Things They Don T Tell You About Capitalism written by Ha-Joon Chang and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-24 with Business & Economics categories.
Challenges popular misconceptions while making startling revelations about free-market practices, explaining the author's views on global capitalism dynamics while making recommendations for reshaping capitalism to humane ends.
Economics The User S Guide
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Author : Ha-Joon Chang
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2015-10-20
Economics The User S Guide written by Ha-Joon Chang and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-20 with Business & Economics categories.
From the internationally bestselling author and prizewinning economist--a highly original guide to the global economy. In his bestselling 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. Instead, 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.
The Rise And Fall Of American Growth
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Author : Robert J. Gordon
language : en
Publisher: Princeton University Press
Release Date : 2017-08-29
The Rise And Fall Of American Growth written by Robert J. Gordon and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-29 with Business & Economics categories.
How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.
Gdp
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Author : Diane Coyle
language : en
Publisher: Princeton University Press
Release Date : 2015-09-22
Gdp written by Diane Coyle and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-22 with Business & Economics categories.
How GDP came to rule our lives—and why it needs to change Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013—or Ghana's balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008—just as the world’s financial system went into meltdown? And why was Greece’s chief statistician charged with treason in 2013 for apparently doing nothing more than trying to accurately report the size of his country’s economy? The answers to all these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. This entertaining and informative book tells the story of GDP, making sense of a statistic that appears constantly in the news, business, and politics, and that seems to rule our lives—but that hardly anyone actually understands. Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country’s economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods.
Reclaiming Development
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Author : Ha-Joon Chang
language : en
Publisher: Zed Books
Release Date : 2004-05
Reclaiming Development written by Ha-Joon Chang and has been published by Zed Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-05 with Business & Economics categories.
The authors of this book challenge prevailing ideas about free markets and globalization. They question whether globalization is a technological reality that cannot be stopped and ask if the US economy really outperformed its competitors in the 1990s. They show how in each key area--trade and industrial policy, privatization, intellectual property rights, investment and financial policies, exchange rate and currency policy, labour and social welfare --there are alternatives to neoliberal policies that the historical experience of particular countries prove really works.
The Paradox Of Risk
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Author : Angel J. Ubide
language : en
Publisher: Policy Analyses in International Economics
Release Date : 2017
The Paradox Of Risk written by Angel J. Ubide and has been published by Policy Analyses in International Economics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Interest rates categories.
The Paradox of Risk contends that central banks' fear of inflation and risk taking has hampered their efforts to revive global prosperity. Ángel Ubide mobilizes a wealth of research on the experience from the last decade, urging policymakers to leave their "comfort zone," embrace risk taking, and take bolder action to brighten economic prospects.
The People S Republic Of Walmart
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Author : Leigh Phillips
language : en
Publisher: Verso Books
Release Date : 2019-03-05
The People S Republic Of Walmart written by Leigh Phillips and has been published by Verso Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-05 with Social Science categories.
Since the demise of the USSR, the mantle of the largest planned economies in the world has been taken up by the likes of Walmart, Amazon and other multinational corporations For the left and the right, major multinational companies are held up as the ultimate expressions of free-market capitalism. Their remarkable success appears to vindicate the old idea that modern society is too complex to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, much of the economy of the West is centrally planned at present. Not only is planning on vast scales possible, we already have it and it works. The real question is whether planning can be democratic. Can it be transformed to work for us? An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People’s Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.
Economics For The Rest Of Us
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Author : Moshe Adler
language : en
Publisher: The New Press
Release Date : 2009-11-17
Economics For The Rest Of Us written by Moshe Adler and has been published by The New Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-17 with Social Science categories.
“Vivid case studies . . . Adler’s frustration with wrongheaded economic thinking is as entertaining as it is thought provoking.” —Publishers Weekly Why do so many contemporary economists consider food subsidies in starving countries, rent control in rich cities, and health insurance everywhere “inefficient”? Why do they feel that corporate executives deserve no less than their multimillion-dollar “compensation” packages and workers no more than their meager wages? Here is a lively and accessible debunking of the two elements that make economics the “science” of the rich: the definition of what is efficient and the theory of how wages are determined. The first is used to justify the cruelest policies, the second grand larceny. Filled with lively examples—from food riots in Indonesia to eminent domain in Connecticut and everyone from Adam Smith to Jeremy Bentham to Larry Summers—Economics for the Rest of Us shows how today’s dominant economic theories evolved, how they explicitly favor the rich over the poor, and why they’re not the only or best options. Written for anyone with an interest in understanding contemporary economic thinking—and why it is dead wrong—Economics for the Rest of Us offers a foundation for a fundamentally more just economic system. “Brilliant.” —David Cay Johnston, Pulitzer Prize–winning and New York Times–bestselling author of It’s Even Worse Than You Think