So much of mainstream economics today is focused on market exchange that it’s easy to neglect production itself. In this ninth lecture in INET’s “Economics For People” series, Ha-Joon Chang explains the nature of production and its evolution. About “Economics for People”: “It is extremely important for our democracy to function that ordinary citizens understand the key issues and basic theories of economics.” – Ha-Joon Chang Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem. In the new series “Economics For People” from the Institute for New Economic Thinking (INET), University of Cambridge economist and bestselling author Ha-Joon Chang explains key concepts in economics, empowering anyone to hold their government, society, and economy accountable.