Home
/
RELIGION & LIBERTY ONLINE
/
Economics Is for Everyone
Economics Is for Everyone
Apr 2, 2026 2:37 PM

People have strong opinions on a variety of subjects in which they don’t have an advanced degree or training. Yet when es to economics many people defer to “experts.”

But asHa-Joon Chang, a South Korean economist who specializes in development, says, “Economics is for everyone.” Chang argues that we shouldn’t rely on experts to tell us what is true about economics (because they probably don’t know) but instead rely on our monsense to help us make sense of plicated world.

While you likely won’t agree with everything Chang says in this short video, it’s worth watching to hear why ordinary citizens should challenge professional economists.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
The ‘Deeper Magic’ of Sphere Sovereignty
I was reading through Abraham Kuyper’s inaugural speech at the founding of the Free University in Amsterdam, in which he lays out his vision of “sphere sovereignty,” and this passage struck me as particularly noteworthy. It is reminiscent of the appeal that Aslan makes to the “Deeper Magic” wrought at the dawn of creation in Narnia (and by which, incidentally, he es the tyrannical claims to absolute sovereignty made by the White Witch): Sphere sovereignty defending itself against State sovereignty:...
#BringBackOurBoys Too
Boko Haram, the militant Islamist group in Nigeria, is infamous for kidnapping girls. Last year, everyone from Wall Street to Hollywood got in on the [ineffective] #BringBackOurGirls social media campaign after Boko Haram kidnapped dozens of Christian school girls. But what about the boys? Boko Haram has a pseudo-military arm. Which means they need soldiers. And they can’t recruit legitimately. That means they kidnap boys. Many are themselves victims of terror: child soldiers, abducted from their families and forced to...
Papal Encyclicals: An Explainer for Those of Us Who Aren’t Catholic
On June 18, 2015, Pope Francis will issue the encyclical,Laudato si’. Here are some answers to questions people who aren’t Catholic—like me—may have about the document: What is an encyclical? The term encyclical (from the Greek egkyklios, kyklos meaning a circle) refers to a circular letter, that is, a letter that gets circulated to a particular group. A papal encyclical is a letter written by the Pope to a particular audience of patriarchs, primates, archbishops, and bishops of the Catholic...
Animal Care According to the Bible
The impending encyclical of Pope Francis has many Christians thinking how man should relate to our environment. But the discussions tend to focus on issues like man-made climate change, which can cause us to overlook equally important environmental stewardship concerns, such as the welfare of animals. Why should Christians care about the ethical treatment of animals? Because animals are the second most important aspect of creation, says Randy Alcorn, and the first most important thing, outside of other humans and...
New Wave Of Unaccompanied Minors Into U.S.?
The summer of 2014 saw an overwhelming amount of children making their way, illegally, across the southern U.S. border. Thousands of children and adolescents overwhelmed the Border Patrol and social service agencies. Are we gearing up to see the same type of event this summer? It’s beginning to look that way. We are not nearly at the numbers we were last year, but it looks like we are in the opening stages. We had two groups equal a little over...
Isolation and Self-Sufficiency: The Logical Ends of Protectionism
When es to free trade, critics insistthat it hurts the American worker — kicking them while they’re down andslowly eroding munal fabric of mom-and-pops, longstanding trades, and factory towns. Whether es from a politician, labor union, or corporate crony, the messaging is alwaysthe same: Ignore thelong-term positive effects, and focus ontheCapitalist’s conquest of the Other. Trouble is, the basic logic of such thoughtleads straight back to the Self. I recently made this point as it pertains to immigration, arguing thatsuch...
Underpopulation and the Value of Children
For the past hundred years, mon worry about population was that we’d soon have more people than the Earth could sustain. Today, we have the opposite concern: In the near future, there may not be enough people to support an increasingly aging population. To simply maintain its current population, a country needs the average number of children born to women in their country (over her lifetime) to be 2.1. Few industrialized e close to that replacement rate: Ireland (2.0), Australia...
Radio Free Acton: Partying with Hobbits and Jonathan Witt
On this edition of Radio Free Acton, your humble hostbravely battles a late-spring cold to bring you an interview with Jonathan Witt, Managing Editor at TheStream.org, and author of The Hobbit Party: The Vision ofFreedom that Tolkien Got and The West Forgot. Was Frodo a small-government type? Was Tolkien a card-carrying member of the local Republican party? Or were the hobbits short-statured hippies who really enjoyed their pipe weed and the free healthcare provided by the Shire’s smooth-running, benevolent bureaucracy?...
Finding Sin and Grace On the Road to Character
“New York Times writer David Brooks’ new book, On the Road to Character, examines what it takes to create a virtuous life,” says Elise Hilton in this week’s Acton Commentary. “The author’s central question: Does a person of character focus solely on building on one’s strengths or does he confront and improve his weaknesses?” It is an interesting topic for a man who makes his living writing pithy, sometimes political, columns in a very secular newspaper. While Brooks is Jewish,...
7 Supreme Court Cases To Watch This Month
June is a busy month for the Supreme Court. The Daily Signal has given us a tidy round-up of seven cases to keep an eye on. Reed v. Town of Gilbert: This is a free speech case.The Good News Community Church in Gilbert, Ariz., uses signage to promote events at the church. The town has codes regarding signage, and the church says they are not fair. For example, the church is allowed to put signs for only 12 hours before...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved