- Free
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- Nov 07, 2020
Ha Joon Chang Quotes
Most Famous Ha Joon Chang Quotes of All Time!
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- Last Updated on May 30, 2021
- People
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- Nov 07, 2020
People tend to think that numbers are quite objective, but numbers in economics are not like this. Some economists say they're like sausages: you don't know what they really are until you cut into them.
- Everything
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- Nov 07, 2020
When I was growing up in South Korea in the '70s and early '80s, the country was too poor to buy original records. Everything was bootlegged.
- Nov 07, 2020
As a consumer, I don't create art, but I think whatever the message is, art has to touch you.
- Money
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- Nov 07, 2020
As someone from a developing country, I have a problem with rich countries thinking they can tell us anything, simply because they are giving money.
- Changes
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- Nov 07, 2020
When we assess the impact of technological changes, we tend to downplay things that happened a while ago.
- Service
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- Nov 07, 2020
By liberating women from household work and helping to abolish professions such as domestic service, the washing machine and other household goods completely revolutionised the structure of society.
- Human
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- Nov 07, 2020
The invention of the printing press was one of the most important events in human history.
- End
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- Nov 07, 2020
Democracy, despite its limitations, is in the end the only way to ensure that policies do not simply benefit the privileged few.
- Free
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- Nov 07, 2020
Free market economists frequently see minimum wage legislation as mere political intervention. However, there are decent economic theories which show that, under certain circumstances, minimum wages can be beneficial, as it makes workers more productive.
- Legal
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- Nov 07, 2020
A lot of things that we cannot buy and sell in markets used to be totally legal objects of market exchange - human beings when we had slavery, child labour, human organs, and so on. So there is no economic theory that actually says that you shouldn't have slavery or child labour because all these are political, ethical judgments.
- Government
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- Nov 07, 2020
Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange them, how people earn income, how they pay taxes, how the government provides infrastructure with tax revenue, and how it conducts monetary policy. The subject has to be defined in terms of the object of inquiry.
- Money
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- Nov 07, 2020
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 benefits them. For some people, it's not just about money and political power.
- Colleagues
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- Nov 07, 2020
I am one of the most successful economists, according to what markets tell us, though most of my professional colleagues, who are much keener to accept market outcomes than I am, would dismiss me as a crank or - the worst of all abuses among economists - a 'sociologist.'
- More
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- Nov 07, 2020