Ha-Joon Chang’s Economics is For Everyone! video

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Question the axioms of economics.  There are many different schools of economics with very different views.

An open mind is necessary to challenge ideas so that complacency and custom does not become the status quo.

Irving Janus’ theory of “groupthink” can take hold when individuals begin to avoid controversial or alternate viewpoints; this results in a loss of unique and independent thinking, and ultimately culminates in an irrational or dysfunctional decision-making outcome.

Question axioms, yourself, and the insights presented here.

Ha-Joon Chang’s Economics is For Everyone! (10min video)