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Ha-Joon Chang

Economist South Korea 1963–present

43 quotes in the archive

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I don't drink at lunchtime because I'm very weak at alcohol like most Asians.
Ha-Joon Chang
Markets are, in the end, man-made devices for utilitarian purposes, not a force of nature that we should not try to resist. If they end up serving the interests of only a tiny minority, as is increasingly the case, we have the right - and indeed the duty - to regulate them in the interest of greater social good.
Ha-Joon Chang
I've read quite a few readers' reviews of my book on Amazon, saying, 'Ah, he criticises the free market, he advocates central planning.' I don't do that for a minute! But this is our black and white, dichotomous way of thinking - which has really been harmful.
Ha-Joon Chang
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.
Ha-Joon Chang
The feeling of insecurity is inimical to our sense of wellbeing, as it causes anxiety and stress, which harms our physical and mental health. It is no surprise then that, according to some surveys, workers across the world value job security more highly than wages.
Ha-Joon Chang
We need to accept that consumption is not the end goal of our life and stop measuring our well-being simply on the basis of earnings. We need to explicitly take the quality of our work-related life into account in judging our well-being.
Ha-Joon Chang
People always think they're in the middle of a revolution while they tend not to realize the enormity of a change that has happened in the past. The telegraph was a revolution, but who looks at it that way these days? The telegraph sped up the transportation of messages over long distances by a huge factor.
Ha-Joon Chang
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.
Ha-Joon Chang
The invention of the printing press was one of the most important events in human history.
Ha-Joon Chang
Instead of reading a paper, we now read the news online. Instead of buying books at a store, we buy them on-line. What's so revolutionary? The Internet has mainly affected our leisure life.
Ha-Joon Chang
I like all kinds of music - classical, pop, rock, electronic.
Ha-Joon Chang
It is time that we dispensed with the myth that the market is a force of nature that should not be meddled with. Markets are social creations that can be, and have been, modified for social purposes.
Ha-Joon Chang