Connor Boyle: I loved what you talked about in this chapter. You talk about some of the false, rather unfair assumptions made about worker productivity in poorer countries in the tropics. He says that we cannot blame poor people in poor countries for their poverty. Boyle: It's that the fault of the elite of those countries as well as the rich countries who had colonized and enslaved by them.
When world-renowned economist Ha-Joon Chang first arrived in Britain in the 1980s he recoiled in horror at how dull and dreary British food was at that time. But it was not just the food that caused him to despair: it was mainstream economic thinking too. Neoclassical liberalism was, and still is, the only item he found on Britain’s menu of economic ideas. Rethinking that menu is the theme of his new book, Edible Economics: A Hungry Economist Explains the World. Through a series of culinary anecdotes Chang explains that just as a rich and varied diet nourishes the body, moving beyond the narrow confines of neoclassical economics can help to build a better and fairer world. Speaking with Chang for this episode is Victoria Scholar, Head of Investment at Interactive Investor.
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