This work provides a surprisingly simple demonstration that the quantized Hall conductivity of correlated insulators is given by the many-body Chern number, a topological invariant defined in the space of twisted boundary conditions. In contrast to conventional proofs, generally based on the Kubo formula, our approach entirely relies on combining Kramers–Kronig relations and Fermi’s golden rule within a circular-dichroism framework. This pedagogical derivation illustrates how the Hall conductivity of correlated insulators can be determined by monitoring single-particle excitations upon a circular drive, a conceptually simple picture with direct implications for quantum-engineered systems, where excitation rates can be directly monitored.