Ha Joon Chang: confused on bounded rationality and economic regulation

In this third and final of the series on Ha Joon Chang’s critique of ‘free market economics’ I examine his account of ‘bounded rationality’ and the case for greater economic regulation. As in much of his work the policy conclusions which Chang draws simply do not follow from his premises.

Read the full blog post here

Source: http://www.iea.org.uk/blog/ha-joon-chang-confused-on-bounded-rationality-and-economic-regulation

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