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…

— Ha-Joon Chang

In manufacturing, where mechanization and the use of chemical processes are much easier, it is easier to raise productivity than in services.…

— Ha-Joon Chang

Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'.…

— Ha-Joon Chang

Gone are the days when the upper classes were terrified of the angry mob wanting to smash their skulls and confiscate their…

— Ha-Joon Chang

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

Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more…

— 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,…

— Ha-Joon Chang

Contrary to what professional economists will typically tell you, economics is not a science. All economic theories have underlying political and ethical…

— Ha-Joon Chang

Basically, the myth is that America has been founded on the free market; the government has done very little; it has thrived…

— Ha-Joon Chang