Accepting Quote by Ha-Joon Chang

“The free market doesn't exist. Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying restrictions that we fail to see them.” quote by Ha-Joon Chang — Download Open image

“The free market doesn't exist. Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying restrictions that we fail to see them.”

Ha-Joon Chang

★ ★ ★ ★ ★ 3.9 out of 5 (10 ratings)

Accepting Boundaries Choices Failing Free market Freedom Freedom of choice Investing Looks Restriction

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 likely to be particularly misleading. Given that the US has by far the most unequal distribution of income among the rich countries, we can safely guess that the US per capita income overstates the actual living…

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…

Ha-Joon Chang

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

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

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

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

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

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

Image

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

Ha-Joon Chang

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

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

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 set of coherent phenomena as a worth-while object of [his] analytic efforts’. He pointed out that ‘this vision is ideological almost by definition’, as ‘the way in which we see things can hardly be distinguished from…

Ha-Joon Chang

Explore all 129 Ha-Joon Chang quotes

More Accepting quotes

From Augustine down, theologians have tried to compel people to accept their special interpretation of the Scripture, and the tortures of the inquisition, the rack, the thumb-screw, the stake, the persecutions of witchcraft, the whipping of naked women through the streets of Boston, banishment, trials of heresy, the halter about Garrison's neck, Lovejoy's death, the branding of Captain Walker, shouts…

Matilda Joslyn Gage

Laughing, laughing, laughing, laughing! It is the jester! A voice from the Void, to cheer poor Cicero! I accept your gift, dearest Night Mother.…

Marcus Tullius Cicero

Image

This duo inside of me causes the perfect opportunity to live and learn twice as fast as those who choose to accept simplicity.

Tupac Shakur

Image

There is something about the South that accepts the supernatural. If you don't accept it and you're having a conversation with someone who does,…

Alice Englert

Image

We only enter into the full life if our faith gives thanks. Because how else do we accept His free gift of salvation if…

Ann Voskamp

Image

Don't be bitter. Everybody suffers. If you can accept your suffering then you will understand other people better. Be grateful for pain. Love life.

Stephen Colbert

Image

It takes an unusually philosophic mind to accept that all one’s suffering might be to no end, really, in the larger scheme of things.

Anonymous

Image

No nation being under another nation can accept gifts, and kick at the responsibility attached to those gifts, imposed by the conquering nation.

Mahatma Gandhi

Image

Even with clothing naked animals, there were people who wanted to send in money. A woman in Santa Barbara, California, sent a $40,000 check.…

Alan Abel

Image

Society understands the architecture of academia and knows there are relevant qualifications in different fields, and the media accepts the idea of specialisations and…

Jay Griffiths