Myth busting is a risky business. If the myth you try to bust is in fact an important truth, you … Continue reading “Sorry, Ha-Joon Chang, but tax really IS a burden”

The rapid economic growth of East Asian economies after World War II led many to mistakenly believe that government industrial … Continue reading “East Asia’s economic development: state planning or freedom?”

On 12th June, the Guardian published a letter from 79 economists, including David Blanchflower, Thomas Piketty, Mariana Mazzucato and Ha-Joon … Continue reading “Closed-minded economists”

The term ‘heterodox economist’ has a great ring to it. It seems to announce a daring and original thinker. Here’s … Continue reading “Heterodox economics? No, just cheap applause-craving”

The IEA has recently published articles by Mark Pennington on the subject of Ha Joon Chang’s 23 Things They Don’t … Continue reading “Protectionism is an economic blind alley”

In this third and final of the series on Ha Joon Chang’s critique of ‘free market economics’ I examine his … Continue reading “Ha Joon Chang: confused on bounded rationality and economic regulation”

My first post on 23 Things They Don’t Tell You About Capitalism addressed Ha Joon Chang’s dubious debating tactics when … Continue reading “Ha Joon Chang: Wrong on Free Trade, Markets and Development”

Professor Ha Joon Chang has become something of a hero to those who champion heterodox economic theory and who rail … Continue reading “What Ha Joon Chang doesn’t tell you about ‘free market economics’”