--- title: "13 Economic Quotes By Ha-Joon Chang" description: "13 Economic quotes by Ha-Joon Chang. Plus more from Ha-Joon Chang and more Economic sayings from other authors." image: "https://sms4smile.com/quotes/i/f4c/ha-joon-chang-3497_development_low-inflation-and-government-prudence-ma_908903.png" --- > [Low inflation and government prudence may be harmful for economic development.](https://sms4smile.com/quotes/ha-joon-chang/low-inflation-and-government-prudence-may-be-harmful-for-economic/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/f4c/ha-joon-chang-3497_development_low-inflation-and-government-prudence-ma_908903.png) > [Culture changes with economic development.](https://sms4smile.com/quotes/ha-joon-chang/culture-changes-with-economic-development/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/87a/ha-joon-chang-3497_change_culture-changes-with-economic-developmen_1939850.png) > [The foundation of economic development is the acquisition of more productive knowledge.](https://sms4smile.com/quotes/ha-joon-chang/the-foundation-of-economic-development-is-the-acquisition-of-more/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/8f6/ha-joon-chang-3497_acquisition_the-foundation-of-economic-development-i_719312.png) > [The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.](https://sms4smile.com/quotes/ha-joon-chang/the-korean-economic-miracle-was-the-result-of-a-clever-and-pragmatic/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/474/ha-joon-chang-3497_clever_the-korean-economic-miracle-was-the-resu_1699371.png) > [It's not just about the current economic environment. History shows that slashing budgets always leads to recession.](https://sms4smile.com/quotes/ha-joon-chang/it-s-not-just-about-the-current-economic-environment-history-shows/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/c75/ha-joon-chang-3497_budgets_it-s-not-just-about-the-current-economic_1115940.png) > [To paraphrase Winston Churchill, capitalism is the worst economic system except for all the other forms.](https://sms4smile.com/quotes/ha-joon-chang/to-paraphrase-winston-churchill-capitalism-is-the-worst-economic/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/ed0/ha-joon-chang-3497_capitalism_to-paraphrase-winston-churchill-capitali_2793367.png) > [What free-market economists are not telling us is that the politics they want to get rid of are none other than those…](https://sms4smile.com/quotes/ha-joon-chang/what-free-market-economists-are-not-telling-us-is-that-the-politics/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/84f/ha-joon-chang-3497_advocating_what-free-market-economists-are-not-tell_368171.png) > [Imagine if all those kings and dukes hadn't commissioned those crazy cathedrals, paintings and music... we'd still be living in sticks and…](https://sms4smile.com/quotes/ha-joon-chang/imagine-if-all-those-kings-and-dukes-hadn-t-commissioned-those-crazy/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/c10/ha-joon-chang-3497_any_imagine-if-all-those-kings-and-dukes-had_1507059.png) > [To put it bluntly, there isn't one economic theory that can single-handedly explain Singapore's success; its economy combines extreme features of capitalism…](https://sms4smile.com/quotes/ha-joon-chang/to-put-it-bluntly-there-isn-t-one-economic-theory-that-can-single/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/ecc/ha-joon-chang-3497_capitalism_to-put-it-bluntly-there-isn-t-one-econom_2806139.jpg) > [Contrary to what professional economists will typically tell you, economics is not a science. All economic theories have underlying political and ethical…](https://sms4smile.com/quotes/ha-joon-chang/contrary-to-what-professional-economists-will-typically-tell-you/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/7bc/ha-joon-chang-3497_assumptions_contrary-to-what-professional-economists_2310492.png) > [Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'.…](https://sms4smile.com/quotes/ha-joon-chang/gore-vidal-the-american-writer-once-described-the-american-economic/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/1c1/ha-joon-chang-3497_american-writer_gore-vidal-the-american-writer-once-desc_2367779.png) > [A lot of things that we cannot buy and sell in markets used to be totally legal objects of market exchange -…](https://sms4smile.com/quotes/ha-joon-chang/a-lot-of-things-that-we-cannot-buy-and-sell-in-markets-used-to-be/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/bb2/ha-joon-chang-3497_actually_a-lot-of-things-that-we-cannot-buy-and-s_2528907.png) > [Free market economists frequently see minimum wage legislation as mere political intervention. However, there are decent economic theories which show that, under…](https://sms4smile.com/quotes/ha-joon-chang/free-market-economists-frequently-see-minimum-wage-legislation-as/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) [Image](https://sms4smile.com/quotes/i/265/ha-joon-chang-3497_beneficial_free-market-economists-frequently-see-mi_3092460.jpg) ## Other authors on Economic ## More by Ha-Joon Chang > [“In no country does the average income give the right picture of how people live but in a country with higher inequality it is…](https://sms4smile.com/quotes/ha-joon-chang/in-no-country-does-the-average-income-give-the-right-picture-of-how/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [Sometimes people with strong ideology, whether left-wing or right-wing, refuse to do something simply because they believe it is wrong, when doing it actually…](https://sms4smile.com/quotes/ha-joon-chang/sometimes-people-with-strong-ideology-whether-left-wing-or-right-wing/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying…](https://sms4smile.com/quotes/ha-joon-chang/every-market-has-some-rules-and-boundaries-that-restrict-freedom-of/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [Indeed, willingness to challenge professional economists and other experts is a foundation stone of democracy. If all we have to do is to listen…](https://sms4smile.com/quotes/ha-joon-chang/indeed-willingness-to-challenge-professional-economists-and-other/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [If we are really serious about preventing another crisis like the 2008 meltdown we should simply ban complex financial instruments, unless they can be…](https://sms4smile.com/quotes/ha-joon-chang/if-we-are-really-serious-about-preventing-another-crisis-like-the/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [“Harry S. Truman, in his typical no-nonsense style, once said that ‘An expert is someone who doesn’t want to learn anything new, because then…](https://sms4smile.com/quotes/ha-joon-chang/harry-s-truman-in-his-typical-no-nonsense-style-once-said-that-an/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [Rational thinking is an important aspect of human nature, but we have imagination, we have ambition, we have irrational fear, we are swayed by…](https://sms4smile.com/quotes/ha-joon-chang/rational-thinking-is-an-important-aspect-of-human-nature-but-we-have/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double standards involved…](https://sms4smile.com/quotes/ha-joon-chang/the-history-of-capitalism-has-been-so-totally-re-written-that-many/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it.](https://sms4smile.com/quotes/ha-joon-chang/equality-of-opportunity-is-meaningless-for-those-who-do-not-have-the/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [The higher education system in these countries (US, Korea etc) has become like a theatre in which some people decided to stand to get…](https://sms4smile.com/quotes/ha-joon-chang/the-higher-education-system-in-these-countries-us-korea-etc-has/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [What free-market economists are not telling us is that the politics they want to get rid of are none other than those of democracy…](https://sms4smile.com/quotes/ha-joon-chang/what-free-market-economists-are-not-telling-us-is-that-the-politics/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [ “Joseph Schumpeter emphasized that all analysis in economics is preceded by a pre-analytical cognitive act, called vision, in which the analyst ‘visualise\[s\] a distinct… ](https://sms4smile.com/quotes/ha-joon-chang/joseph-schumpeter-emphasized-that-all-analysis-in-economics-is/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [“All technical professionals have an incentive to make themselves look more complicated than they are so that they can justify the high fees their…](https://sms4smile.com/quotes/ha-joon-chang/all-technical-professionals-have-an-incentive-to-make-themselves-look/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [I'm not an anti-capitalist, or anarchist. I want capitalism to work.](https://sms4smile.com/quotes/ha-joon-chang/i-m-not-an-anti-capitalist-or-anarchist-i-want-capitalism-to-work/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) > [“all technical professions have an incentive to make themselves look more complicated than they really are so that they can justify the high fees…](https://sms4smile.com/quotes/ha-joon-chang/all-technical-professions-have-an-incentive-to-make-themselves-look/) [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/economic/ha-joon-chang/#itemlist", "name": "13 Economic Quotes By Ha-Joon Chang", "numberOfItems": 13, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "Low inflation and government prudence may be harmful for economic development.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/low-inflation-and-government-prudence-may-be-harmful-for-economic/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f4c/ha-joon-chang-3497_development_low-inflation-and-government-prudence-ma_908903.png", "contentUrl": "https://sms4smile.com/quotes/i/f4c/ha-joon-chang-3497_development_low-inflation-and-government-prudence-ma_908903.png", "url": "https://sms4smile.com/quotes/i/f4c/ha-joon-chang-3497_development_low-inflation-and-government-prudence-ma_908903.png", "width": 1080, "height": 1080, "caption": "“Low inflation and government prudence may be harmful for economic development.” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "Culture changes with economic development.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/culture-changes-with-economic-development/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/87a/ha-joon-chang-3497_change_culture-changes-with-economic-developmen_1939850.png", "contentUrl": "https://sms4smile.com/quotes/i/87a/ha-joon-chang-3497_change_culture-changes-with-economic-developmen_1939850.png", "url": "https://sms4smile.com/quotes/i/87a/ha-joon-chang-3497_change_culture-changes-with-economic-developmen_1939850.png", "width": 1080, "height": 1080, "caption": "“Culture changes with economic development.” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "The foundation of economic development is the acquisition of more productive knowledge.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/the-foundation-of-economic-development-is-the-acquisition-of-more/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/8f6/ha-joon-chang-3497_acquisition_the-foundation-of-economic-development-i_719312.png", "contentUrl": "https://sms4smile.com/quotes/i/8f6/ha-joon-chang-3497_acquisition_the-foundation-of-economic-development-i_719312.png", "url": "https://sms4smile.com/quotes/i/8f6/ha-joon-chang-3497_acquisition_the-foundation-of-economic-development-i_719312.png", "width": 1080, "height": 1080, "caption": "“The foundation of economic development is the acquisition of more productive knowledge.” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/the-korean-economic-miracle-was-the-result-of-a-clever-and-pragmatic/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/474/ha-joon-chang-3497_clever_the-korean-economic-miracle-was-the-resu_1699371.png", "contentUrl": "https://sms4smile.com/quotes/i/474/ha-joon-chang-3497_clever_the-korean-economic-miracle-was-the-resu_1699371.png", "url": "https://sms4smile.com/quotes/i/474/ha-joon-chang-3497_clever_the-korean-economic-miracle-was-the-resu_1699371.png", "width": 1080, "height": 1080, "caption": "“The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state…” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "It's not just about the current economic environment. History shows that slashing budgets always leads to recession.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/it-s-not-just-about-the-current-economic-environment-history-shows/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c75/ha-joon-chang-3497_budgets_it-s-not-just-about-the-current-economic_1115940.png", "contentUrl": "https://sms4smile.com/quotes/i/c75/ha-joon-chang-3497_budgets_it-s-not-just-about-the-current-economic_1115940.png", "url": "https://sms4smile.com/quotes/i/c75/ha-joon-chang-3497_budgets_it-s-not-just-about-the-current-economic_1115940.png", "width": 1080, "height": 1080, "caption": "“It's not just about the current economic environment. 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When they say we need to insulate economic policies from politics, they are in effect advocating the castration of democracy.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/what-free-market-economists-are-not-telling-us-is-that-the-politics/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/84f/ha-joon-chang-3497_advocating_what-free-market-economists-are-not-tell_368171.png", "contentUrl": "https://sms4smile.com/quotes/i/84f/ha-joon-chang-3497_advocating_what-free-market-economists-are-not-tell_368171.png", "url": "https://sms4smile.com/quotes/i/84f/ha-joon-chang-3497_advocating_what-free-market-economists-are-not-tell_368171.png", "width": 1080, "height": 1080, "caption": "“What free-market economists are not telling us is that the politics they want to get rid of are none other…” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "Imagine if all those kings and dukes hadn't commissioned those crazy cathedrals, paintings and music... we'd still be living in sticks and mud. Because none of those things made any economic sense. Human beings' capacity to 'waste time' is a miracle - but that's exactly what art is for.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/imagine-if-all-those-kings-and-dukes-hadn-t-commissioned-those-crazy/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c10/ha-joon-chang-3497_any_imagine-if-all-those-kings-and-dukes-had_1507059.png", "contentUrl": "https://sms4smile.com/quotes/i/c10/ha-joon-chang-3497_any_imagine-if-all-those-kings-and-dukes-had_1507059.png", "url": "https://sms4smile.com/quotes/i/c10/ha-joon-chang-3497_any_imagine-if-all-those-kings-and-dukes-had_1507059.png", "width": 1080, "height": 1080, "caption": "“Imagine if all those kings and dukes hadn't commissioned those crazy cathedrals, paintings and music... we'd…” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "To put it bluntly, there isn't one economic theory that can single-handedly explain Singapore's success; its economy combines extreme features of capitalism and socialism. All theories are partial; reality is complex.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/to-put-it-bluntly-there-isn-t-one-economic-theory-that-can-single/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ecc/ha-joon-chang-3497_capitalism_to-put-it-bluntly-there-isn-t-one-econom_2806139.jpg", "contentUrl": "https://sms4smile.com/quotes/i/ecc/ha-joon-chang-3497_capitalism_to-put-it-bluntly-there-isn-t-one-econom_2806139.jpg", "url": "https://sms4smile.com/quotes/i/ecc/ha-joon-chang-3497_capitalism_to-put-it-bluntly-there-isn-t-one-econom_2806139.jpg", "width": 1080, "height": 1080, "caption": "“To put it bluntly, there isn't one economic theory that can single-handedly explain Singapore's success; its…” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "Contrary to what professional economists will typically tell you, economics is not a science. All economic theories have underlying political and ethical assumptions, which make it impossible to prove them right or wrong in the way we can with theories in physics or chemistry.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/contrary-to-what-professional-economists-will-typically-tell-you/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/7bc/ha-joon-chang-3497_assumptions_contrary-to-what-professional-economists_2310492.png", "contentUrl": "https://sms4smile.com/quotes/i/7bc/ha-joon-chang-3497_assumptions_contrary-to-what-professional-economists_2310492.png", "url": "https://sms4smile.com/quotes/i/7bc/ha-joon-chang-3497_assumptions_contrary-to-what-professional-economists_2310492.png", "width": 1080, "height": 1080, "caption": "“Contrary to what professional economists will typically tell you, economics is not a science. All economic…” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 11, "item": { "@type": "Quotation", "text": "Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/gore-vidal-the-american-writer-once-described-the-american-economic/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/1c1/ha-joon-chang-3497_american-writer_gore-vidal-the-american-writer-once-desc_2367779.png", "contentUrl": "https://sms4smile.com/quotes/i/1c1/ha-joon-chang-3497_american-writer_gore-vidal-the-american-writer-once-desc_2367779.png", "url": "https://sms4smile.com/quotes/i/1c1/ha-joon-chang-3497_american-writer_gore-vidal-the-american-writer-once-desc_2367779.png", "width": 1080, "height": 1080, "caption": "“Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the…” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 12, "item": { "@type": "Quotation", "text": "A lot of things that we cannot buy and sell in markets used to be totally legal objects of market exchange - human beings when we had slavery, child labour, human organs, and so on. So there is no economic theory that actually says that you shouldn't have slavery or child labour because all these are political, ethical judgments.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/a-lot-of-things-that-we-cannot-buy-and-sell-in-markets-used-to-be/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/bb2/ha-joon-chang-3497_actually_a-lot-of-things-that-we-cannot-buy-and-s_2528907.png", "contentUrl": "https://sms4smile.com/quotes/i/bb2/ha-joon-chang-3497_actually_a-lot-of-things-that-we-cannot-buy-and-s_2528907.png", "url": "https://sms4smile.com/quotes/i/bb2/ha-joon-chang-3497_actually_a-lot-of-things-that-we-cannot-buy-and-s_2528907.png", "width": 1080, "height": 1080, "caption": "“A lot of things that we cannot buy and sell in markets used to be totally legal objects of market exchange…” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 13, "item": { "@type": "Quotation", "text": "Free market economists frequently see minimum wage legislation as mere political intervention. However, there are decent economic theories which show that, under certain circumstances, minimum wages can be beneficial, as it makes workers more productive.", "creator": { "@type": "Person", "name": "Ha-Joon Chang" }, "url": "https://sms4smile.com/quotes/ha-joon-chang/free-market-economists-frequently-see-minimum-wage-legislation-as/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/265/ha-joon-chang-3497_beneficial_free-market-economists-frequently-see-mi_3092460.jpg", "contentUrl": "https://sms4smile.com/quotes/i/265/ha-joon-chang-3497_beneficial_free-market-economists-frequently-see-mi_3092460.jpg", "url": "https://sms4smile.com/quotes/i/265/ha-joon-chang-3497_beneficial_free-market-economists-frequently-see-mi_3092460.jpg", "width": 1080, "height": 1080, "caption": "“Free market economists frequently see minimum wage legislation as mere political intervention. However…” — Ha-Joon Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/economic/ha-joon-chang/#webpage", "url": "https://sms4smile.com/quotes/about/economic/ha-joon-chang/", "name": "Economic Quotes by Ha-Joon Chang", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/economic/ha-joon-chang/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/f4c/ha-joon-chang-3497_development_low-inflation-and-government-prudence-ma_908903.png" }, "description": "13 Economic quotes by Ha-Joon Chang. Plus more from Ha-Joon Chang and more Economic sayings from other authors.", "breadcrumb": { "@id": "https://sms4smile.com/quotes/about/economic/ha-joon-chang/#breadcrumb" } }, { "@type": "BreadcrumbList", "@id": "https://sms4smile.com/quotes/about/economic/ha-joon-chang/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Topics", "item": "https://sms4smile.com/quotes/categories/" }, { "@type": "ListItem", "position": 4, "name": "Economic", "item": "https://sms4smile.com/quotes/about/economic/" }, { "@type": "ListItem", "position": 5, "name": "Ha-Joon Chang", "item": "https://sms4smile.com/quotes/about/economic/ha-joon-chang/" } ] }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```