Acton Institute Powerblog

Economics Is for Everyone

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

But as Ha-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 own commonsense to help us make sense of a complicated 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.

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Joe Carter Joe Carter is a Senior Editor at the Acton Institute. Joe also serves as an editor at the The Gospel Coalition, a communications specialist for the Ethics and Religious Liberty Commission of the Southern Baptist Convention, and as an adjunct professor of journalism at Patrick Henry College. He is the editor of the NIV Lifehacks Bible and co-author of How to Argue like Jesus: Learning Persuasion from History's Greatest Communicator (Crossway).

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