The 2008 monetary disaster despatched a shock internationally economic system, slashing progress, elevating unemployment, and forcing mass foreclosures on properties. Consequently, many governments slashed spending, additional plunging individuals into an financial abyss. On this eleventh lecture in INET’s “Economics For Individuals” sequence, Ha-Joon Chang explains finance and monetary crises.
About “Economics for Individuals”:
“This can be very vital for our democracy to operate that peculiar residents perceive the important thing points and primary theories of economics.” – Ha-Joon Chang
Economics has lengthy been the area of the ivory tower, the place specialised language and opaque theorems make it inaccessible to most individuals. That’s an issue.
Within the new sequence “Economics For Individuals” from the Institute for New Financial Pondering (INET), College of Cambridge economist and bestselling creator Ha-Joon Chang explains key ideas in economics, empowering anybody to carry their authorities, society, and economic system accountable.