"Bad Samaritans" by Ha-Joon Chang
by Pericles
Fri Mar 14, 2008 at 06:54:57 AM PDT
If your conservative friends and relatives won't read the books you recommend because they're "shrill" or "angry" or off-putting in some other way, try giving them Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism by Ha-Joon Chang. Chang is a Korean economics professor from the prestigious University of Cambridge. He has written a very readable, understandable book explaining why everything you know about economics -- particularly the economics of developing countries -- is wrong. But he doesn't pound the table about it because, well, he doesn't have to -- the facts are sufficient.
Chang speaks both from scholarship and from deep experience: He was born in South Korea when it was one of the world's poorest countries, and he lived through its transition into a relatively advanced, wealthy nation. So he knows first-hand that Korea's story, told accurately, has a lot to do with trade -- but not free trade. He recalls, for example, import controls so severe that a tin of Spam smuggled from an American military base was something to daydream about.
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