Why the World Isn't Flat
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Uploaded on Feb 4, 2008
According to the conventional wisdom popularized by Thomas Friedman, countries can grow rich only by means of unfettered capitalism and pure free trade. In his controversial book, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism, Ha-Joon Chang takes aim at this orthodoxy. Combining irreverent wit with scholarly rigor, Chang shows that nations like the U.S. that achieved their present wealth by means of economic nationalism now preach an entirely different set of policies to the developing world, via the World Bank, International Monetary Fund and World Trade Organization. Chang calls on us not only to re-evaluate the policies we promote to countries seeking to grow rich, but also to become reacquainted with our own forgotten economic history.
Ha-Joon Chang has been described by one economist as "the most exciting thinker our profession has turned out in the past fifteen years." He teaches at Cambridge University, where he received his Master's degree and doctorate. A consultant for the Wold Bank, the Asian Development Bank, the UN and other international organizations, he was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought in 2005. His book Kicking Away the Ladder: Development Strategy in Historical Perspective (2002), which received the Myrdal Prize, was acclaimed by the eminent MIT economist Charles Kindleberger as "a provocative critique of mainstream economists' sermons directed to developing countries."
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Top Comments
Diego Delgado 2 years ago
Ha-Joon Chang mops the floor with Thomas Friedman!
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neonaction 2 years ago
Milton Friedman just got owned.
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All Comments (170)
runi8 3 weeks ago
I absolutely love this guy!
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Tuuliska 3 months ago
I can fully recommend this book! I read it and it was very, very enlightening. And very entertaining too.
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Tuuliska 3 months ago
"I like wacky titles so no problems there."
xD I can tell! Man, I love this guy.
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Steve Hunt 5 months ago
I like black people.
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Steve Hunt 5 months ago
Too bad it doesn't matter. Milton Friedman's lies are just too powerful for the world.
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Arnes Arnautović 8 months ago
Good book.
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SuperHtownswag 11 months ago
Black people need to get acquainted with this great man ASAP.
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