Ha-Joon Chang dispels the myths and prejudices that have come to dominate our understanding of how the world works. He succeeds in both setting the historical record straight ('the washing machine has changed the world more than the internet'; 'the US does not have the highest living standard in the

What is economics? What can - and can't - it explain about the world? Why does it matter? Ha-Joon Chang teaches economics at Cambridge University, and writes a column for the Guardian. The Observer called his book 23 Things They Don't Tell You About Capitalism, which was a no.1 bestseller,

The authors of this book challenge prevailing ideas about free markets and globalization. They question whether globalization is a technological reality that cannot be stopped and ask if the US economy really outperformed its competitors in the 1990s. They show how in each key area--trade and industrial policy, privatization, intellectual

"Unlike many economists, who present only one view of their discipline, Chang introduces a wide range of economic theories--from the Classical economists to the Behavioral economists, from the Marxists to the Austrians--revealing how each has its strengths and weaknesses and why there is no one correct way to explain economic

Using irreverent wit, an engagingly personal style, and a battery of examples, Chang blasts holes in the "World Is Flat" orthodoxy of Thomas Friedman and other liberal economists who argue that only unfettered capitalism and wide-open international trade can lift struggling nations out of poverty.