Analysis Of The Book 23 Things They Don t Tell You...

â€Å"95 per cent of economics is common sense made complicated† (Chang, 2011, p xviii). In his book, 23 Things They Don’t Tell You About Capitalism, Korean economist, Ha-Joon Chang, assaults economic orthodoxy and questions many theories and empirical facts that we take for granted. Written shortly after the ‘credit crunch’ of 2008, Chang argues that this economic crisis was created by the free-market ideology which has been dominant since the 1980s and attempts to remove our rose-tinted glasses that neo-liberal ideologies like [us] to wear every day (Chang, 2011, p xiv) unveiling the ‘truth’ about capitalism that free-marketer’s won’t. Although he outlines eight principles that he believes are crucial in the redesigning of our economics systems, Chang stresses the fact that this book is not an anti-capitalist manifesto. Chang breaks down his discussion into 23 ‘things’ ranging from a post-industrial society to efficient markets. Chang’s unconventional style of writing allows for the reader to pick and choose chapters, according to their interests. He addresses to the wider public, but ensures the reader that the book is not an ‘economics for dummies.’ Chang stands as a ‘heterodox’ economist who has spent most of his academic career challenging the free market dogma that has surprisingly outlived the financial crisis, but despite its problems and limitations, he believes â€Å"capitalism is still the best economic system that humanity has invented† (Chang, 2011, p xv). EachShow MoreRelatedGlobalisation: Manufacturing and Workplace Change5164 Words   |  21 PagesThe phenomenon known as globalisation Introduction To begin with, tell them that they will need to look at the essay questions today Later we will be doing a trial reflective exercise Let s look at Globalisation My story When my colleagues and I were faced with redundancy we were placed in a unique position. 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