The South African Civil Society Information Service
A nonprofit news agency promoting social justice. Seeking answers to the question:
How do we make democracy work for the poor?
A nonprofit news agency promoting social justice. Seeking answers to the question:
How do we make democracy work for the poor?
Acclaimed economist, Ha-Joon Chang, professor in the faculty of politics and economics at Cambridge University argues that economics is too important to leave to the experts. By publishing his latest book, Economics: The User's Guide, he crosses the chasm separating academic theory and regular life and produces a book that seeks to turn every one of us into an economist. Chang contends that 95% of economics is common sense. You don’t need a degree to understand it. He visited the RSA...
"Just to get to the point in which public policy is genuinely focused on providing a maximum amount of job opportunities and well-being for people would be a major achievement," says Robert Pollin, Professor of Economics at the University of Massachusetts in Amherst, as he talks about how to achieve full employment under capitalism.
Watch this clip for a quick breakdown of the differences between economic theories Marxism, Keynesianism and neoliberalism.
Editors's Note: You...
