Finance & Financial Crises | Economics for People with Ha-Joon Chang

The 2008 financial crisis sent a shock across the world economy, slashing growth, raising unemployment, and forcing mass foreclosures on homes. As a result, many governments slashed spending, further plunging people into an economic abyss. In this eleventh lecture in INET’s “Economics For People” series, Ha-Joon Chang explains finance and financial crises.

About “Economics for People”:

“It is extremely important for our democracy to function that ordinary citizens understand the key issues and basic theories of economics.” – Ha-Joon Chang

Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem.

In the new series “Economics For People” from the Institute for New Economic Thinking (INET), University of Cambridge economist and bestselling author Ha-Joon Chang explains key concepts in economics, empowering anyone to hold their government, society, and economy accountable.