Although there has been some good, rational dialog in the U.S. about the virtues and problems with our current incarnation of capitalism, much of the discussion has been politically heated with more name-calling and sloganeering than with well-constructed, balanced arguments: “The free market is sacred;” “Socialism is evil;” “Capitalists are robber barons;” “Socialists encourage too much dependency on the government;” “Big government kills innovation;” “The real problem is lack of government regulation and stimulus;” and so on. In this study group, we will explore some of our conventional wisdom about capitalism and free market economics. Our primary resource will be Ha-Joon Chang’s 23 Things They Never Tell You About Capitalism. We will supplement Chang’s book with articles from The Economist and will also view (in class) short TED Talks about behavioral and development economics. Our discussions will lead us to develop a more nuanced and balanced understanding of capitalism as it and our society continue to evolve to meet the challenges of the twenty-first century. No class on 11/28/19.