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Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange them, how people earn income, how they pay taxes, how the government provides infrastructure with tax revenue, and how it conducts monetary policy. The subject has to be defined in terms of the object of inquiry.

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Ha-Joon Chang

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Charities are now working to give people in poor countries access to the Internet. But shouldn’t we spend that money on providing health clinics and safe water? Aren’t these things more relevant? I have no intention of downplaying the importance of the Internet, but its impact has been exaggerated.

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The feeling of insecurity is inimical to our sense of wellbeing, as it causes anxiety and stress, which harms our physical and mental health. It is no surprise then that, according to some surveys, workers across the world value job security more highly than wages.

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April 30, 2024

The feeling of insecurity is inimical to our sense of wellbeing, as it causes anxiety and stress, which harms our physical and mental health. It is no surprise then that, according to some surveys, workers across the world value job security more highly than wages.

Previous

April 30, 2024

Charities are now working to give people in poor countries access to the Internet. But shouldn’t we spend that money on providing health clinics and safe water? Aren’t these things more relevant? I have no intention of downplaying the importance of the Internet, but its impact has been exaggerated.

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