Posted 20 hours ago

Edible Economics: A Hungry Economist Explains the World

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As Chang points out, the fact of the matter is that places such as Korea developed because of sustained investment. That development obviously shaped Chang’s outlook – in chapters with titles such as Noodle and Banana, he sketches out the story of his home country’s rise, with an emphasis on its protection of infant industries and close regulation of multinational corporations. The only book I've ever read that made me laugh, salivate and re-evaluate my thoughts about economics – all at the same time. Of course his conclusion says he hopes this book gives us deplorables an appreciation for the variety of economic viewpoints. Most seriously, there’s little engagement with the idea that economic growth itself might be the problem, and that curbing climate change isn’t just a matter of finding the right investment incentives.

In my case, it was like a roller-coaster ride that I finished in a breath, but its charm will stay forever. The author has an uncanny ability to connect very different topics into one coherent tale - say, pasta and automobile industry, or anchovy, guano and fertilizers. and had a basic understanding of some economic phenomena such as industrialisation overtaking raw-materials based economies in terms of income and prosperity. His books include Economics: The User's Guide, Bad Samaritans and 23 Things They Don't Tell You About Capitalism, which was a no.Racism and discrimination have choked economic opportunity for African Americans at nearly every turn. This is particularly obnoxious because the author recounts throughout the book his international diet.

In a book containing such a variety of food recipes, it’s a bit ironic that this is suggested as more or less the only recipe for economic development – domestic demand austerity, industrial planning and protection, state-directed lending and, above all, a focus on high-value manufacturing. P132 “…consumers do not have the time and mental capacity to process all the information on the carbon footprints of their food items…. This book reminded me why Southeast Asian cuisine is the one ethnic food group I most want to try, and reassured me in my obstinately experimental tastes.Some weren't as insightful — most probably because I was already aware of those theories and phenomena. Economics, though presented as firmly rooted in hard data and science, is just as much a matter of opinion as most things in this world.

Very refreshing is not only his style, but also his Korean background - he offers an original, non-Western-centric point of view on food as well as on economics. In chapters with titles such as Noodle and Banana, Ha-Joon Chang sketches out the story of his home country’s rise. The author is from South Korea and there is a lot of Asian influence in the food discussion and background, but it adds to the depth of the book. Fortunately, Ha-Joon Chang’s final recommendation to the reader is to understand that every perspective is just that: a perspective.Essentially we got dinner and a movie where the dinner although quite interesting had nothing to do with the movie which was decent yet somewhat underwhelming. It was a novel way to talk about some economics concepts which was frequently entertaining but it wasn't a perfect blend.

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