The Economics of Austerity

interview with ha-joon chang

Dr Ha-Joon Chang, from Cambridge University's Faculty of Economics, interviewed with Owen Wilson recently for The Guardian. Dr Chang discusses the Conservative party's austerity programme, arguing that austerity is a ‘self-defeating strategy’ and an attempt to undermine the welfare state. The Cambridge professor also talks about inequality, asking whether the UK has ‘socialism for the rich and capitalism for the poor’. You can watch the full interview here.

Date posted: 

Wednesday 24 August 2016

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