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A review by victoryisonline
Economics: The User's Guide by Ha-Joon Chang
5.0
This book is the most thorough overview you can get of understanding all the main economic concepts.
I am an economist myself, and even economists do not learn all this in school. Specially the financial aspect of the economy has been a blurry area to me (for seemingly good reason according to Chang).
I would say that the book definitely leans towards a political left (in the US at least), but this shouldn't come as a surprise as this is also where the scientific community in economics is leaning (contrary to popular belief) - https://fivethirtyeight.com/features/economists-arent-as-nonpartisan-as-we-think/ I think Chang manages to do so in a way that critiques both sides with a reasonable balance. I am left wondering sometimes however, what right leaning economists would say to some of his ideas, and what deeper discussion could come from that.
I am an economist myself, and even economists do not learn all this in school. Specially the financial aspect of the economy has been a blurry area to me (for seemingly good reason according to Chang).
I would say that the book definitely leans towards a political left (in the US at least), but this shouldn't come as a surprise as this is also where the scientific community in economics is leaning (contrary to popular belief) - https://fivethirtyeight.com/features/economists-arent-as-nonpartisan-as-we-think/ I think Chang manages to do so in a way that critiques both sides with a reasonable balance. I am left wondering sometimes however, what right leaning economists would say to some of his ideas, and what deeper discussion could come from that.