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Portrait of Ha-Joon Chang

Ha-Joon Chang

(1963) Economist

129 quotes in 951 categories

Ha-Joon Chang is an economist, best known for Bad Samaritans.

Quick Facts About Ha-Joon Chang

Born: October 7, 1963
Profession: Economist
Notable works: Bad Samaritans

About Ha-Joon Chang

Ha-Joon Chang is a South Korean economist and academic. Chang specialises in institutional economics and development, and lectured in economics at the University of Cambridge from 1990–2021 before becoming professor of economics at the School of Oriental and African Studies (SOAS) in 2022. Chang is the author of several bestselling books on economics and development policy, most notably Kicking Away the Ladder: Development Strategy in Historical Perspective (2002). In 2013, Prospect magazine ranked Chang as one of the top 20 World Thinkers.

Biography source: Wikipedia

Quotes 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…

Inequality

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Sometimes people with strong ideology, whether left-wing or right-wing, refuse to do something simply because they believe it is wrong, when doing…

About

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Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept…

Accept

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Indeed, willingness to challenge professional economists and other experts is a foundation stone of democracy. If all we have to do is…

Challenge

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If we are really serious about preventing another crisis like the 2008 meltdown we should simply ban complex financial instruments, unless they…

Bans

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“Harry S. Truman, in his typical no-nonsense style, once said that ‘An expert is someone who doesn’t want to learn anything new,…

Learning

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Rational thinking is an important aspect of human nature, but we have imagination, we have ambition, we have irrational fear, we are…

Advertising

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The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double…

Capitalism

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Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it.

Advantage

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The higher education system in these countries (US, Korea etc) has become like a theatre in which some people decided to stand…

Behinds

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What free-market economists are not telling us is that the politics they want to get rid of are none other than those…

Advocating

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“Joseph Schumpeter emphasized that all analysis in economics is preceded by a pre-analytical cognitive act, called vision, in which the analyst ‘visualise[s]…

Dreams

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“All technical professionals have an incentive to make themselves look more complicated than they are so that they can justify the high…

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I'm not an anti-capitalist, or anarchist. I want capitalism to work.

Anarchist

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“all technical professions have an incentive to make themselves look more complicated than they really are so that they can justify the…

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As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and…

1960s

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I've read quite a few readers' reviews of my book on Amazon, saying, 'Ah, he criticises the free market, he advocates central…

Advocate

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“The welfare state is the bankruptcy law for workers”

Law

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“Recognizing that the boundaries of the market are ambiguous and cannot be determined in an objective way lets us realize that economics…

Economics

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The foundation of economic development is the acquisition of more productive knowledge.

Acquisition

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The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of…

Boost

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95 percent of economics is common sense made complicated, and even for the remaining 5 percent, the essential reasoning, if not all…

Common

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The washing machine changed the world more than the Internet.

Changed

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Between the Great Depression and the 1970s, private business was viewed with suspicion even in most capitalist economies. Businesses were, so the…

Agents

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The free market doesn't exist. Every market has some rules and boundaries that restrict freedom of choice. A market looks free only…

Accepting

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Ha-Joon Chang by topic

Economics (29) People (22) Investing (21) Free market (13) Economic (13) Money (12) Country (12) Market (11) Rich (9) Business (9) Way (8) Them (8) Economy (8) Economists (8) Because (8)