Ha-Joon Chang on Economics (tags)
Ha-Joon Chang is a professor of politics and economics at Cambridge University.
Austerity has never worked (tags)
It’s not just about the current economic environment. History shows that slashing budgets always leads to recession [...]
Video: Ha-Joon Chang - "23 Things They Don't Tell You About Capitalism" (tags)
Ha-Joon Chang is a professor of economics at Cambridge and author of "Bad Samaritans" and "23 Things They Don't Tell You About Capitalism." This eight-part interview is presented by www.therealnews.com.
The Asian Crisis of 1997-1998: Deregulation (tags)
Enormous capital streamed in short-term monetary investments that could dissolve at any time, not in lasting direct investments. Higher stock prices and home prices fueled the credit boom. Deregulated finance markets are everything but efficient.
Ha-Joon Chang's "Bad Samaritans: The Myth of Free Trade" (tags)
History proves the free-traders wrong. Every time, without exception, a developing nation is forced to unilaterally open all their doors to "free trade," the result is a disaster. Opening a country up to "free trade" weakens its democratic institutions.