Phrase by 'Ha-Joon Chang'
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The invention of the printing press was one of the most important events in human history.
Author: Ha-Joon Chang - South Korean EconomistHistory , Important , Human , Events
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.
Author: Ha-Joon Chang - South Korean EconomistWorld , Feeling , Health , Stress
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.
Author: Ha-Joon Chang - South Korean EconomistPeople , Money , Power , Believe
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.
Author: Ha-Joon Chang - South Korean EconomistWork , Society , Women , Service
To put it bluntly, there isn't one economic theory that can single-handedly explain Singapore's success; its economy combines extreme features of capitalism and socialism. All theories are partial; reality is complex.
Author: Ha-Joon Chang - South Korean EconomistReality , Capitalism , Success , Socialism
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.
Author: Ha-Joon Chang - South Korean EconomistGood , Nature , End , Try
Imagine if all those kings and dukes hadn't commissioned those crazy cathedrals, paintings and music... we'd still be living in sticks and mud. Because none of those things made any economic sense. Human beings' capacity to 'waste time' is a miracle - but that's exactly what art is for.
Author: Ha-Joon Chang - South Korean EconomistMusic , Time , Crazy , Art
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.
Author: Ha-Joon Chang - South Korean EconomistYou , Political , Legal , Child
I don't drink at lunchtime because I'm very weak at alcohol like most Asians.
Author: Ha-Joon Chang - South Korean EconomistLike , Drink , Weak , Alcohol
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.
Author: Ha-Joon Chang - South Korean EconomistPeople , Long , Past , Change
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