Book Review: Chang Ha-Joon.How the Economy is Arranged

Andrey Klypin ()
Additional contact information
Andrey Klypin: Russian Research Institute of Economics, Politics and Law in Science and Technology

Science Governance and Scientometrics Journal, 2016, vol. 11, issue 2, 164-169

Abstract: Ha-Jun Chang, doctor of philosophy of the University of Cambridge and laureate of the Leontief Prize, gives an original vision and a comprehensive view of economics, offering readers ideas that can not be found in classical economic textbooks. Ha-Jun Chang investigates economic growth as the evolution of production capacities and argues that economic changes are based on changes in technology. He criticizes the modern financial system and believes that a powerful force of finance must be subject to strict control. He does not give explanations and recommendations how to improve the economic system of Russia, however theoretical and practical conclusions about economic development of different countries will be extremely useful for Russian economists.

Keywords: Economy; economics; economic theory; economic system; capitalism; financial crisis; macroeconomic indicator; economic growth (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://en.sie-journal.ru/assets/uploads/issues/2016/2(20)_11.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:akt:journl:v:11:y:2016:i:2:p:164-169

Access Statistics for this article

Science Governance and Scientometrics Journal is currently edited by Irina Ilina

More articles in Science Governance and Scientometrics Journal from Russian Research Institute of Economics, Politics and Law in Science and Technology (RIEPL)
Bibliographic data for series maintained by Lubov Pudovkina ().