Production | Economics for People with Ha-Joon Chang

So much of mainstream economics today is focused on market exchange that it’s easy to neglect production itself. In this ninth lecture in INET’s “Economics For People” series, Ha-Joon Chang explains the nature of production and its evolution.
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.