“In the United States the typical CEO gets paid up to 20 times more than what their counterparts are paid in other rich countries. More than twice that of CEO’s in Germany, nearly 20 times that of Japanese CEO’s. But their companies are losing out to those other companies, so if someone tells me that American CEO’s are so productive that they need to get paid 10 times more than other European CEO’s then I laugh.” Ha-Joon Change at 48:30
What's really great about Chang is that he is "holographic" … that is, when you listen to any bit of his speaking, you get that the important think is how you think … he stresses how to think, not what to think.
In terms of theory versus practicality, the argument is always stacked towards practicality, because the practicality always represents those with money, power and guns … and who kick away the ladder to rip off everyone else. Time for a real debate without prior claims to break the debate.
So Economics has managed to ignore Post-Structuralism completely?
I saw this book listed for pre-order on Amazon … but now I do not see it anymore? What happened?
a very important prominent historian of economics. professor chang is very good.
Sounds like a good book, but I still have Debunking Economics by Steve Keen at home that I have not around to reading yet.
“In the United States the typical CEO gets paid up to 20 times more than what their counterparts are paid in other rich countries. More than twice that of CEO’s in Germany, nearly 20 times that of Japanese CEO’s. But their companies are losing out to those other companies, so if someone tells me that American CEO’s are so productive that they need to get paid 10 times more than other European CEO’s then I laugh.” Ha-Joon Change at 48:30
Was that Billy Bragg in the audience at 53 minutes?
Wonderful!!! Thanks Prof. Chang ha joon. I'm a big fan of all your books.
Real-arse economists don't sit around analyzing schools of economic thought into which most people do not neatly fit.
What's really great about Chang is that he is "holographic" … that is, when you listen to any bit of his speaking, you get that the important think is how you think … he stresses how to think, not what to think.
I really hope this book will be in audiobook format … the last 2 – Bad Samaritans and 23 Things About Capitalism were really fantastic!
This guy ought to be the UN leader.
Ha-Joon Chang is very good writer and economist.
In terms of theory versus practicality, the argument is always stacked towards practicality, because the practicality always represents those with money, power and guns … and who kick away the ladder to rip off everyone else. Time for a real debate without prior claims to break the debate.