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.