It has been four years since the global financial crisis broke out. If this were a normal downturn, the economy should have already recovered. Instead, we are talking about the prospect of a ‘lost decade’. Unemployment, especially youth unemployment, stays stubbornly high, while the financial elite keep drawing huge salaries and bonuses, even as their shenanigans are constantly exposed. What has gone wrong? In the talk, the author debunks the prevailing myths – 23 of them, to be exact – and show how our economic system, especially the financial system, needs to be completely re-wired if we are to build a more dynamic and fairer economy.

Ha-Joon Chang teaches economics at the University of Cambridge. He is the author of Kicking away the Ladder and Bad Samaritans. He is the winner of 2003 Gunnar Myrdal Prize and 2005 Wassily Leontief Prize. His latest book is 23 Things They Don't Tell You About Capitalism.

Suggested hashtag for this event for Twitter users: #LSEcapitalism

This event is free and open to all with no ticket required. Entry is on a first come, first served basis. For any queries email events@lse.ac.uk or call 020 7955 6043.

Podcast

A podcast of this event is available to download from 23 Things They Don't Tell You About Capitalism and what they mean for our economic prospects.

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CPD

This event has been certified for CPD purposes by the CPD Certification Service. Self-Assessment Record forms will be made available for delegates wishing to record further learning and knowledge enhancement for Continuing Personal and Professional Development (CPD) purposes. For delegates who wish to obtain a CPD Certificate of Attendance, it is the responsibility of delegates to register their details with a LSE steward at the end of the event and as of 1 September 2014 a certificate will be sent within 28 days of the date of the event attended by the CPD Certification Service. If a delegate fails to register their details at the event, it will not prove possible to issue a certificate. (For queries relating to CPD Certificates of attendance after a request please phone 0208 840 4383 or email info@cpduk.co.uk).