Keynesianism for the Rich, Monetarism for the Poor: The Hypocrisy of the Rich Countries in Historical Perspective

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Ha-Joon Chang (Department of Economics and Politics, University of Cambridge) presents a lecture titled, “Keynesianism for the Rich, Monetarism for the Poor: The Hypocrisy of the Rich Countries in Historical Perspective” on Monday, March 9, from 7:00 to 9:00 p.m. in the Alvin Johnson / J. M. Kaplan Hall, 66 West 12th Street, room 510. Admission is free; but seating is limited and reservations are required by calling 212.229.5901 x4911, or emailing cepa@newschool.edu .

The lecture will be based on his book, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (Bloomsbury, 2007), in which he discusses how today’s economic superpowers—from the United States to Britain to his native Korea— all attained prosperity by protectionism and government intervention in industry.

Ha-Joon Chang was born in the Republic of Korea and was educated at the Seoul National University and Cambridge. Professor Chang's books include Kicking Away the Ladder: Development Strategy in Historical Perspective (Anthem, 2002), and Globalization, Economic Development, and the Role of the State (Zed, 2003). Since 1992 he has served on the editorial board of the Cambridge Journal of Economics. He was a member of the advisory panel for the Human Development Report 1999, and has acted a research project coordinator and consultant to numerous U.N. agencies and international agencies, including the World Bank, the Asian Development Bank, the British Government's Department for International Development, the International Development Research Centre in Canada, and the South African Government's Department of Trade and Industry.

The Schwartz Center for Economic Policy Analysis (SCEPA) is the economic policy research arm of The New School for Social Research’s Department of Economics. Each year, the center hosts economic policy workshops, publishes topical policy notes, and sponsors newsworthy lectures by top economists and financial leaders. SCEPA’s work is supported in part by a generous gift from Irene and Bernard L. Schwartz.



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