Friday, July 15, 2016

Economics for Everyone

Adam Smith/Wikimedia Commons
The following video cartoon, Economics for Everyone, was brought to my attention by Richard Martin from Richard Martin's Wakeup Call. In it Cambridge University economist Ha-Joon Chang explains why every single person can and should get their head around basic economics. 

He talks about why using one economic theory is not sufficient to understand what's going on in our economies; that we shouldn't always believe experts; the importance of  "audite alteram partem" ("listen to the other side ") as shown at the entrance of the old city hall of the Dutch city of Gouda; and the importance of the old Italian Marxist Antonio Gramsci's motto: pessimism of the intellect, but optimism of the will and much more:

No comments:

Post a Comment