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bd56995
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Gore Vidal, the American writer, once famously described the American economic system as 'free enterprise for the poor and socialism for the rich'.
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Ha-Joon Chang |
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dacb771
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95% of Economics is common sense deliberately made complicated.
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Ha-Joon Chang |
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5967fef
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Low inflation and government prudence may be harmful for economic development.
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Ha-Joon Chang |
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1f566d0
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Corruption exists because there is too much, not too little, market.
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Ha-Joon Chang |
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7d46d52
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History is on the side of the regulators.
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Ha-Joon Chang |
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a89f227
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The foundation of economic development is the acquisition of more productive knowledge.
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Ha-Joon Chang |
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f6d9ad5
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Corruption often exists because there are too many market forces, not too few.
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Ha-Joon Chang |
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e84cd11
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Culture changes with economic development.
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Ha-Joon Chang |
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64c4924
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Manufacturing is the most important...route to prosperity.
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Ha-Joon Chang |
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ad46106
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Assume the worst about people and you get the worst.
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Ha-Joon Chang |
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8c702b5
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Making rich people richer doesn't make the rest of us richer.
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Ha-Joon Chang |
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44d505c
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We are not smart enough to leave things to the market.
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Ha-Joon Chang |
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9458ff1
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Financial markets need to become less, not more, efficient.
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Ha-Joon Chang |