Summary of Economics Is for Everyone!

Looking for the video?
We have the summary! Get the key insights in just 5 minutes.

Economics Is for Everyone! summary
Start getting smarter:
or see our plans

Rating

9 Overall

8 Applicability

8 Innovation

10 Style


Recommendation

Economist Ha-Joon Chang dispels the myth that economics is an esoteric discipline. His engaging talk, accompanied by the RSA Animate’s lively drawings, will captivate even those who detest the dismal science. Chang deftly demystifies economics and encourages everyone to be curious and to form opinions about economic policy. getAbstract recommends Chang’s unpretentious oration to those unacquainted with the field, yet even economics mavens will want to watch this pithy video to see how Chang makes the topic so accessible.

In this summary, you will learn

  • Why everyone should have an opinion on economics,
  • Why you need to understand multiple economic theories to benefit from a robust comprehension of the field and
  • Why changing the status quo is hard.
 

About the Speaker

Economist Ha-Joon Chang has written several books, including 23 Things They Don’t Tell You About Capitalism.

 

Summary

Many laypeople believe economics is an arcane field. Yet 95% of economics is common sense, and the remaining 5% would be easy to grasp if economists would simplify it. Alas, they overcomplicate their ideas with verbiage and mathematics...

More on this topic

By the same author

Economics
Economics
8
23 Things They Don't Tell You About Capitalism
23 Things They Don't Tell You About Capitalism
8

Customers who read this summary also read

The New Astrology
The New Astrology
8
Rescuing Economics from Neoliberalism
Rescuing Economics from Neoliberalism
8
The New Case for Gold
The New Case for Gold
7
The Logic of Scientific Discovery
The Logic of Scientific Discovery
8
How to Speak Money
How to Speak Money
8
What Do Economists Actually Know?
What Do Economists Actually Know?
7

Related Channels

Comment on this summary