"In manufacturing, where mechanization and the use of……" — 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. In contrast, by their very nature, many service activities are inherently impervious to productivity increase without diluting the quality of the product."
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Ha-Joon Chang
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51 Quotes by Ha-Joon Chang
Ha-Joon Chang has 51 quotes on this site.
A few more worth reading:
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Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it.
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The higher education system in these countries (US, Korea etc) has become like a theatre in which some people decided…
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95 percent of economics is common sense made complicated, and even for the remaining 5 percent, the essential reasoning, if…
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[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in…
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Self-interest, to be sure, is one of the most important, but we have many other motives - honesty, self-respect, altruism,…
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There is no such thing as a free market.
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To paraphrase Winston Churchill, capitalism is the worst economic system except for all the other forms.
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Rational thinking is an important aspect of human nature, but we have imagination, we have ambition, we have irrational fear,…
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The invention of the printing press was one of the most important events in human history.
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If we are really serious about preventing another crisis like the 2008 meltdown we should simply ban complex financial instruments,…
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Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as…
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The widely accepted assertion that, only if you let markets be will everyone be paid correctly and thus fairly, according…
See all 51 quotes by Ha-Joon Chang »
More Activities Quotes
This quote is filed under Activities Quotes,
one of 888 quotes in that category. Here are a few more:
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We have almost succeeded in leveling all human activities to the common denominator of securing the necessities of life and…
— Hannah Arendt
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Our efforts are not aimed at isolating Israel or de-legitimizing it; rather we want to gain legitimacy for the cause…
— Mahmoud Abbas
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Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas…
— Gary Becker
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A rose is the visible result of an infinitude of complicated goings on in the bosom of the earth and…
— Clive Bell
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We need a sense of the value of time - that is, of the best way to divide one's time…
— Arnold Bennett
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Husbands, recognize your wife's intelligence and her ability to counsel with you as a real partner regarding family plans, family…
— Ezra Taft Benson
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If we wish our nature to be free and joyous, we should bring our activities into same order.
— Vinoba Bhave
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I think it's more important to be fit so that you can be healthy and enjoy activities than it is…
— Rachel Blanchard
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People are often quite surprised by the sport and leisure activities practised by the blind. For example, tandem cycling is…
— Andrea Bocelli
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An opera singer is like an athlete before a match. An athlete cannot overdo anything. In order to perform at…
— Andrea Bocelli
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Intervention for the prevention and control of osteoporosis should comprise a combination of legislative action, educational measures, health service activities,…
— Gro Harlem Brundtland
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Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional…
— Vince Cable
See all 888 Activities Quotes »