Economics is a political argument. It is not and can never be a science; there are no objective truths in economics that can be established independently of political, and frequently moral, judgements. Therefore, when faced with an economic argument, you must ask the age-old question Cui bono? (Who benefits?), first made famous by the Roman statesman and orator Marcus Tullius Cicero.

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About Ha-Joon Chang

Ha-Joon Chang was a contemporary Korean south korean economist. Ha-Joon Chang is a South Korean economist and academic. Chang specialises in institutional economics and development, and lectured in economics at the University of Cambridge from 1990–2021 before becoming professor of economics at the School of Oriental and African Studies (SOAS) in 2022. Read more on Wikipedia →

Themes

  • Politics — Governance, civic duty, and the structures of power

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