3 Review(s)

Economics: The User's Guide is a book on the applications of economics by the leading economist Ha-Joon Chang. Summary of the Book Economics is not just about the numbers. In fact, it’s how one reads the numbers that allows one to take crucial decisions. In this book, Ha-Joon Chang discusses about economics and how the global economy works. He teaches readers about different economic theories, explaining what they reveal about the world. He shows how the classical and Keynesian theories are different, and what are their pros and cons. He also delves into the various forces which influence the financial status of the world, and he shows readers how ignoring economic advice leads to catastrophes. Anyone who is confused about the current financial status of the world will benefit by reading this book.. About Ha-Joon Chang Ha-Joon Chang is a South Korean heterodox economist and institutional economist. He is currently a Reader of Political Economy of Development at the University of Cambridge. A former consultant to the World Bank, the Asian Development Bank and the European Investment Bank, Chang has also written Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism and 23 Things They Don't Tell You About Capitalism.