WHY DO YOU NEED TO LEARN ECONOMICS?
Why Are People Not Very Interested in Economics?
How Is This Book Different?
How to Read This Book
Life, the Universe and Everything
WHAT IS ECONOMICS?
What is economics?
Concluding Remarks: Economics as the Study of the Economy
From Pin to PIN
CAPITALISM 1776 AND 2014
Capitalists are different
Workers are different too
Markets have changed
Money – the financial system – has also changed
How Have We Got Here?
A BRIEF HISTORY OF CAPITALISM
One Fucking Thing after Another: What Use Is History?
Life is stranger than fiction: why history matters
The Dawn of Capitalism: 1500–1820
1820–1870: The Industrial Revolution
1870–1913: High Noon
1914–45: The Turmoil
1945–73: The Golden Age of Capitalism
1973–9: The Interregnum
1980 –Today: The Rise and Fall of Neo-liberalism
Let a Hundred Flowers Bloom
HOW TO ‘DO’ ECONOMICS
The One Ring to Rule Them All?: The Diversity of Approaches to Economics
The Classical School
The Neoclassical School
The Marxist School
The Developmentalist Tradition
The Austrian School
The (Neo-)Schumpeterian School
The Keynesian School
The Institutionalist School – Old and New?
The Behaviouralist School
Appendix: Comparing Different Schools of Economics
WHO ARE THE ECONOMIC ACTORS?
Individuals as Heroes and Heroines
Organizations as the Real Heroes: The Reality of Economic Decision-making
Concluding Remarks: Only Imperfect Individuals Can Make Real Choices
Moving On. . .
PART TWO: USING IT
How Many Do You Want It to Be?
OUTPUT, INCOME AND HAPPINESS
How Does Your Garden Grow?
THE WORLD OF PRODUCTION
Economic Growth and Economic Development
Industrialization and Deindustrialization
Running Out of the Planet?: Taking Environmental Sustainability Seriously
Trouble at the Fidelity Fiduciary Bank
Banks and the ‘Traditional’ Financial System
Investment Banks and the Rise of the New Financial System
The New Financial System and Its Consequences
Boris’s Goat Should Drop Dead
INEQUALITY AND POVERTY
Concluding Remarks: Why Poverty and Inequality Are Not Beyond Human Control
I’ve Known a Few People Who’ve Worked
WORK AND UNEMPLOYMENT
Concluding Remarks: Taking Work Seriously
Leviathan or the Philosopher King?
THE ROLE OF THE STATE
The State and Economics
The Morality of State Intervention
Market and Politics
What Governments Do
Concluding Remarks: Economics Is a Political Argument
‘All Things in Prolific Abundance’
THE INTERNATIONAL DIMENSION
Foreign Direct Investments and Transnational Corporations (TNCs)
Immigration and Remittances
Concluding Remarks: Best of All Possible Worlds?
HOW CAN WE USE ECONOMICS TO MAKE OUR ECONOMY BETTER?
Financial Times Review
The Guardian review
Copyright © 2014 by Ha-Joon Chang
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