Edible Economics: A Hungry Economist Explains the World

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From the 1990s, my food universe was rapidly expanding. Partly because of the British culinary revolution, but also because I started getting exposed to many different culinary traditions due to my travel to developing countries for my work—I am what they call a “development economist.” Below, Ha-Joon shares 5 key insights from his new book, Edible Economics: A Hungry Economist Explains the World. Listen to the audio version—read by Ha-Joon himself—in the Next Big Idea App. https://cdn.nextbigideaclub.com/wp-content/uploads/2023/03/11023345/BB_HaJoonChang_Mix.mp3 1. Everyone needs to learn economics. Today, the British food scene is totally different. It has become one of the most diverse and exciting places to eat in the world. For starters, this book is not about the economics of food. It's rather a compilation of personal anecdotes, food history tidbits, and a critique of economic theories to explain the world we live in.

You are what you eat, in the same way that you are what you know, the book seems to say. A seemingly unlikely parallel is drawn between the understanding of food and economic thinking, only to reveal itself as universal and foundational as human existence itself. At the end of the day, we are no hunter-gatherers and our economic activities and financial choices are what brings food to the table. We have a choice, therefore, both in our economic choices and our dietary selections. This book is an encouragement to choose to broaden our culinary horizons and seek a diverse economic diet. Diversity will not only make difficult concepts more palatable, but it will also surely enrich our lives. Ha-Joon Chang has done it again. His prose delights and nourishes in equal measure. Somehow he manages to smuggle an urgent discussion of the relevance of economics to our daily lives into stories about food and cooking that are charming, funny and sweet (but never sour). In taking on the economic establishment, Chang is like a teddy bear savaging a rottweiler.” Chang does say upfront that this is what he’s going to do – that this isn’t a book about the economics of food per se, but a restatement of his core arguments, with culinary anecdotes functioning as treats to keep the reader interested. And they are, by and large, excellent anecdotes. Chang was born in Seoul in the 1960s and came to the UK to go to university in the 80s. So his life and career have encompassed not only the explosion of British food culture (he confirms, to an audience that might have forgotten, just how ghastly and bland things used to be), but also the development of South Korea, from a poor semi-industrialised state to the global economic and cultural powerhouse it is today. Un libro escrito con sentido del humor, rigurosidad argumentativa, con alcances literarios y culturales interesantísimos.In Edible Economics, Chang makes challenging economic ideas more palatable by plating them alongside stories about food from around the world. Structuring the book as a series of menus, Chang uses histories behind familiar food items - where they come from, how they are cooked and consumed, what they mean to different cultures - to explore economic theory. For Chang, chocolate is a life-long addiction, but more exciting are the insights it offers into post-industrial knowledge economies; and while okra makes Southern gumbo heart-meltingly smooth, it also speaks of capitalism's entangled relationship with freedom and unfreedom. Explaining everything from the hidden cost of care work to the misleading language of the free market as he cooks dishes like anchovy and egg toast, Gambas al Ajillo and Korean dotori mook, Ha-Joon Chang serves up an easy-to-digest feast of bold ideas. Some parts of the book were fascinating because of historical context (eg. Mandated lime for English sailors to prevent scurvy) and debunking of myths (eg. Switzerland not actually being a post-industrial country). Some weren't as insightful — most probably because I was already aware of those theories and phenomena. Edible Economics brings the sort of creative fusion that spices up a great kitchen to the often too-disciplined subject of economics For decades, a single, free-market philosophy has dominated global economics. But this intellectual monoculture is bland and unhealthy. Bestselling author and economist Ha-Joon Chang makes challenging economic ideas delicious by plating them alongside stories about food from around the world, using the diverse histories behind familiar food items to explore economic theory. For Chang, chocolate is a lifelong addiction, but more exciting are the insights it offers into postindustrial knowledge economies; and while okra makes Southern gumbo heart-meltingly smooth, it also speaks of capitalism’s entangled relationship with freedom. Myth-busting, witty, and thought-provoking, Edible Economics serves up a feast of bold ideas about globalization, climate change, immigration, austerity, automation, and why carrots need not be orange. It shows that getting to grips with the economy is like learning a recipe: when we understand it, we can adapt and improve it–and better understand our world. Edible Economics: A Hungry Economist Explains the World by Ha-Joon Chang – eBook Details As enjoyable as the culinary mentions were, their connection to economics didn't always work. The chapters were either a hit or a miss. But that doesn't take away from how engaging the book was.

He added: “When I was born in the early 1960s, South Korea was one of the poorest countries in the world and life expectancy was 53 years. I’m 59, I should be dead. Economic development has completely changed our life chances and possibilities. In the long run, things can dramatically change.” Over time I’ve become more and more convinced that in a capitalist economy, democracy is meaningless without everyone knowing some economics because so many decisions are bound up with it,” Chang explained when we met in Sushi Samba, a JapaneseSouth American restaurant, in central London.In other words, by having an open mind, British people achieved one of the greatest culinary transformations for the better in human history. 5. There are different ways of “doing economics.”