Ha-Joon Chang: Economics Upside Down

Ha-Joon Chang: Economics Upside Down

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Interactive Video

Business, Social Studies

University

Hard

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The video discusses the book '23 Things They Don't Tell You About Capitalism', focusing on the myths of free markets and free trade. It critiques the notion of free markets, highlighting the role of regulations and politics. The discussion extends to free trade, emphasizing the historical protectionism of countries like the US and UK. The challenges of export-led growth, particularly for countries like China, are explored. The video also critiques the focus on shareholder value in corporate governance and calls for a more relevant approach to economics education.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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