People 'over-produce' pollution because they are not paying for the costs of dealing with it. — Ha-Joon Chang Copy Share Image
Countries are poor not because their people are lazy; their people are 'lazy' because they are poor. — Ha-Joon Chang Copy Share Image
Many people think that the U.S. is ahead in the frontier technology sectors as a result of private sector entrepreneurship. It's not.… — Ha-Joon Chang Copy Share Image
[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in magnifying the… — Ha-Joon Chang Copy Share Image
The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of… — Ha-Joon Chang Copy Share Image
Charities are now working to give people in poor countries access to the Internet. But shouldn't we spend that money on providing… — Ha-Joon Chang Copy Share Image
The higher education system in these countries (US, Korea etc) has become like a theatre in which some people decided to stand… — Ha-Joon Chang Copy Share Image
The danger is not only that these austerity measures are killing the European economies but also that they threaten the very legitimacy… — Ha-Joon Chang Copy Share Image
Sometimes people with strong ideology, whether left-wing or right-wing, refuse to do something simply because they believe it is wrong, when doing… — Ha-Joon Chang Copy Share Image
The truth is that the free movement of goods, people, and money that developed under British hegemony between 1870 and 1913 -… — Ha-Joon Chang Copy Share Image
The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double… — Ha-Joon Chang Copy Share Image
People always think they're in the middle of a revolution while they tend not to realize the enormity of a change that… — Ha-Joon Chang Copy Share Image
Rational thinking is an important aspect of human nature, but we have imagination, we have ambition, we have irrational fear, we are… — Ha-Joon Chang Copy Share Image
The widely accepted assertion that, only if you let markets be will everyone be paid correctly and thus fairly, according to his… — Ha-Joon Chang Copy Share Image
Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange… — Ha-Joon Chang Copy Share Image
Contrary to what many people believe, the welfare state was originally a 'rightwing' invention. It was the arch-conservative Otton von Bismarck who… — Ha-Joon Chang Copy Share Image
People who live in poor countries have to be entrepreneurial even just to survive. — Ha-Joon Chang Copy Share Image
A well-designed welfare state can actually encourage people to take chances with their jobs and be more, not less, open to changes. — Ha-Joon Chang Copy Share Image
People tend to think that numbers are quite objective, but numbers in economics are not like this. Some economists say they're like… — Ha-Joon Chang Copy Share Image
Equality of opportunity is not enough. Unless we create an environment where everyone is guaranteed some minimum capabilities through some guarantee of… — Ha-Joon Chang Copy Share Image
“In no country does the average income give the right picture of how people live but in a country with higher inequality it is… — Ha-Joon Chang Copy Share Image
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… — Ha-Joon Chang Copy Share Image
Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying… — Ha-Joon Chang Copy Share Image
Indeed, willingness to challenge professional economists and other experts is a foundation stone of democracy. If all we have to do is to listen… — Ha-Joon Chang Copy Share Image
If we are really serious about preventing another crisis like the 2008 meltdown we should simply ban complex financial instruments, unless they can be… — Ha-Joon Chang Copy Share Image
“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… — Ha-Joon Chang Copy Share Image
Rational thinking is an important aspect of human nature, but we have imagination, we have ambition, we have irrational fear, we are swayed by… — Ha-Joon Chang Copy Share Image
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… — Ha-Joon Chang Copy Share Image
Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it. — Ha-Joon Chang Copy Share Image
The higher education system in these countries (US, Korea etc) has become like a theatre in which some people decided to stand to get… — Ha-Joon Chang Copy Share Image
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… — Ha-Joon Chang Copy Share Image
“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… — Ha-Joon Chang Copy Share Image
![“[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in magnifying the former and toning down the latter.” quote by Ha-Joon Chang](https://sms4smile.com/quotes/img-quotes/dba/ha-joon-chang-3497_former_good-managers-know-that-people-have-good_1522979.jpg)
![“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 set of coherent phenomena as a worth-while object of [his] analytic efforts’. He pointed out that ‘this vision is ideological…” quote by Ha-Joon Chang](https://sms4smile.com/quotes/img-quotes/828/ha-joon-chang-3497_dreams_joseph-schumpeter-emphasized-that-all-an_438236.jpg)