Summary: With arguments about austerity and public spending back at the heart of British politics, we ask economist Ha-Joon Chang to help us make sense of it all. Why is tax always described as a 'burden'? Are the Tories trapped in their austerity narrative? Where should the government invest for the best return? Plus we discuss why it's so hard to solve Britain's productivity problem: it goes back a hundred years. Ha-Joon Chang is the author of 23 Things They Don't Tell You About Capitalism (2010) and Economics: A User's Guide (2014). <br><hr><p style="color: grey;">See <a style="color: grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for privacy and opt-out information.</p>
