QuoteProject
There is no such thing as a free market.
Ha-Joon Chang
ShareWTF𝕏

More from Ha-Joon Chang

People who live in poor countries have to be entrepreneurial even just to survive.
Ha-Joon ChangRead
The widely accepted assertion that, only if you let markets be will everyone be paid correctly and thus fairly, according to his worth, is a myth. Only when we part with this myth and grasp the political nature of the market and the collective nature of individual productivity will we be able to build a more just society in which historical legacies and collective actions, and not just individual talents and efforts, are properly taken into account in deciding how to reward people.
Ha-Joon ChangRead
Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.
Ha-Joon ChangRead
Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it.
Ha-Joon ChangRead
The higher education system in these countries (US, Korea etc) has become like a theatre in which some people decided to stand to get a better view, promoting the others behind them to stand. Once enough people stand, everyone has to stand, which means no one is getting a better view, while everyone has become more uncomfortable.
Ha-Joon ChangRead
[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in magnifying the former and toning down the latter.
Ha-Joon ChangRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.

Quote by Ha-Joon Chang | QuoteProject