Free-market economists like to pretend that economic planning has no role in a successful economy. But many economists now recognize the important role of industrial policy, as Ha-Joon Chang explains in this thirteenth lecture in INET’s “Economics For People” series.
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.
