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Durham Castle Lecture Series

Dr Ha Joon Chang's Lecture

Economics and Public Life: Why everyone needs to learn (some) economics

Economics and Public Life: Why everyone needs to learn (some) economics

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Dr. Ha Joon Chang, Reader at Faculty of Economics, University of Cambridge, delivers a lecture for Durham Castle Lecture Series on 4 February 2015 In this lecture, drawing on his latest best-selling book, Economics: The User's Guide, Chang argues how economics is not a science, as many economists claim it to be. He emphasises how economics is an inherently political subject, as its early name, political economy, suggests. This implies, he argues, that there is a need - or even a duty - on the part of any responsible citizen to learn some economics and engage with debates on economic issues.