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When the economist Ha-Joon Chang was growing up in South Korea in the 1960s, his country was subjected to the same condescension and racism leveled at many African nations today, he said. It was poor, had just emerged from war, and was seen by American officials as a basket case.
malaise are evident in the manner in which the economy is run or not run. This is reminiscent of the unconventional remarks of Cambridge political economist Ha-Joon Chang; in his famous 23 Things They Don't Tell You About Capitalism, that good economic policies do not necessarily require good economists.
Date: Oct 26, 2016
Category: World
Source: Google
God Invented Economists To Make Astrologers Look Good -- So Why Do ...
hey recognize that useful economics tends to be simple stuff, quite bereft of higher algebra. A notable proponent of this view is the Korean economist Ha-Joon Chang, who recently commented: 95 percent of economics is commonsense made complicated. And even for the remaining the 5 percent, the essen
Our Comment section gives itself over to Syria, though not exclusively. Economist and author Ha-Joon Chang challenges economic models, writer Nesrine Malik weighs in on Saudi Arabia's new domestic violence laws, while our back page considers the origins of life on Earth (think Red Planet).
discussion. If Fitch and the rest are providing a public service and doing so badly, there is scope for governments to regulate them much harder or even to set up alternatives: the Cambridge economist Ha-Joon Chang suggests that governments set up an independent UN version of a credit-rating agency.