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The Nature of Economics | Economics for People with Ha-Joon Chang

Economists like to claim that they can explain everything. But does that really hold up? In this first lecture in INET’s “Economics For People” series, Ha-Joon Chang examines whether economics is science, or politics. About “Economics for People”: “It is extremely important for our democracy to function that ordinary citizens understand the key issues and basic theories of economics.” – Ha-Joon Chang Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem. In the new series “Economics For People” from the Institute for New Economic Thinking (INET), University of Cambridge economist and bestselling author Ha-Joon Chang explains key concepts in economics, empowering anyone to hold their government, society, and economy accountable.