Economics: A User’s Guide (Part 1)

Ha-Joon Chang was born in Seoul, South Korea, on 7 October, 1963 (there are stories about what life was like in South Korea in my youth in the Prologue of my book, Bad Samaritans* and also the Introductory chapter of the latest book, Edible Economics – A Hungry Economists Explains the World*). I came to the UK as a graduate student at the Faculty of Economics and Politics, University of Cambridge in 1986. I earned my PhD in 1992. I taught economics at the Faculty of Economics (as it is called now) and the Development Studies programme at the University of Cambridge between 1990 and 2022. In June 2022, I joined the Department of Economics at The School of Oriental and African Studies (University of London). I still keep my Korean nationality, but Britain is now my second home. I am still not convinced by the weather and cricket (as a good short-tempered Korean, I don’t have the patience for a game that lasts for five days), but I have come to like HP sauce and Branston pickle. I live in London with my wife, Hee-Jeong Kim, but with no dog (most British authors seem to live with a dog – or three). In his book ECONOMICS: The User’s Guide Professor Chang writes in a particularly entertaining style, that is rare in books by academics.

Economics: A User’s Guide (Part 1) –

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Launch – June 16th, 2023

The MAIN STREET JOURNAL was launched online in 2023, as a kind of Canadian, small business counterpoint to the venerable WALL STREET JOURNAL (WSJ), established in New York City in 1889.

Canada’s small businesses are smaller than most people think.  

This is true for people that work in small businesses, for policymakers, business schools, and the business press. The self-employed and other small business owners don’t ‘get no respect’ and yet about 73% of private sector employment in Canada is made up of the 2.85 million self-employed individuals, and 1.3 million small employer businesses which average less than 7 employees. 

We believe it’s time that these workers, and the small business owner-managers that employ them, got some respect. What’s more, we believe that business schools and policymakers should get out of their ivory towers and take a walk on Main Street! 

73.2 % of private sector employment is provided by small business