Business Quote by Ha-Joon Chang
“I think this notion that public enterprises do not work and therefore nationalization will be a disaster, I mean, it's not supported by evidence.”
About This Quote
Source Book: Economics: The User's Guide by Ha-Joon Chang, 2010
Public enterprises can be effective; evidence does not support the claim that nationalization is always disastrous.
In simple terms: Public enterprises can work; evidence shows otherwise.
Key Takeaway
Consider evidence before dismissing public ownership.
Themes
economics
public policy
nationalization
Mood
analytical
critical
Type
policy
economic
When to use this quote
- policy analysis
- government reform
- development planning
Key Concepts
market failure
state intervention
efficacy
Questions to Reflect On
- What data would change your view?
- How do outcomes differ across sectors?
A Different Perspective
Evidence may be limited or context‑specific.
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