Overview

Text in Arabic. Theres no such thing as a free market. Globalization isnt making the world richer. Poor countries are more entrepreneurial than rich ones. This fact-packed book about money, equality, freedom and greed proves that the free market isnt just bad for people -- its an inefficient way of running economies, too. Here Chang lays out the alternatives, and shows theres a better way.

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9789992194263

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Chang presents an enlightening precis of modern economic thought-and all the places it's gone wrong, urging us to act in order to completely rebuild the world economy: This will [make] some readers uncomfortable...it is time to get uncomfortable Publishers Weekly Chang, befitting his position as an economics professor at Cambridge University, is engagingly thoughtful and opinionated at a much lower decibel level. The 'truths' peddled by free-market ideologues are based on lazy assumptions and blinkered visions, he charges. Time Myth-busting and nicely-written collection of essays Independent, UK Shaking Economics 101 assumptions to the core ... Eminently accessible, with a clearly liberal (or at least anticonservative) bent, but with surprises along the way-for one, the thought that markets need to become less rather than more efficient. Kirkus Reviews For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book will be invaluable -- John Gray Observer, UK A lively, accessible and provocative book Sunday Times, UK For 40 years, I have worked as a journalist and trained thousands of other journalists from my former perches as a University of Missouri Journalism School professor and as executive director of Investigative Reporters and Editors. I have written newspaper articles, magazine features and entire books with heavy doses of economics policy and business behaviour. I wish the book 23 Things They Don't Tell You About Capitalism had been available when I was a rookie; I would have been more alert to the hands-off-business catechism by which Americans are relentlessly indoctrinated. -- Steven Weinberg Remapping Debate I doubt there is one book, written in response to the current economic crisis, that is as fun or easy to read as Ha-Joon Chang's 23 Things They Don't Tell you About Capitalism. -- Don Hazen, Executive Editor AlterNet

Author Information

Ha-Joon Chang has taught at the Faculty of Economics and Politics, University of Cambridge, since 1990. In addition to numerous articles in journals and edited volumes, he has published seven books (three of them co-authored) and eight edited books (six of them co-edited). His books include the international bestseller Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism and Kicking Away the Ladder, winner of the 2003 Myrdal Prize. In 2005, Chang was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought. His writings have been translated into thirteen languages.

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