Phrase by 'Ha-Joon Chang'
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I'm not an anti-capitalist, or anarchist. I want capitalism to work.
Author: Ha-Joon Chang - South Korean EconomistWork , Want , Capitalism , Anarchist
Democracy, despite its limitations, is in the end the only way to ensure that policies do not simply benefit the privileged few.
Author: Ha-Joon Chang - South Korean EconomistOnly , Way , End , Democracy
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.
Author: Ha-Joon Chang - South Korean EconomistSee , Political , Free , Circumstances
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.'
Author: Ha-Joon Chang - South Korean EconomistMe , I Am , Colleagues , Professional
Unfortunately, a lot of economists wanted to make their subject a science. So the more what you do resembles physics or chemistry, the more credible you become.
Author: Ha-Joon Chang - South Korean EconomistYou , Science , Physics , Chemistry
I used to joke that I came to England - not to the U.S. where most Koreans go - because I like Arthur Conan Doyle and Agatha Christie.
Author: Ha-Joon Chang - South Korean EconomistWhere , Like , Go , Joke
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