Learn the Language of Power [Ha-Joon Chang]

The video emphasizes the importance of economic literacy for the general public, arguing that understanding basic economic principles is crucial for societal improvement. It critiques the current economic discourse, which often excludes ordinary citizens, and highlights the need for informed public opinion. The speaker draws parallels between economics and historical power dynamics, advocating for a more inclusive understanding of economic issues. The video concludes by stressing the role of citizens in a democracy and the importance of engaging with economic topics.

In what ways does the speaker suggest that the perception of taxes should change?

What role do ordinary citizens play in a democratic society according to the speaker?