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Bad Samaritans: rich nations, poor policies, and the threat to the developing world

Book by Ha-Joon Chang · 4 quotes · Country, Economic, Poor

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Bad Samaritans: rich nations, poor policies, and the threat to the developing world Quotes

“The days are over when technology can be advanced in laboratories by individual scientists alone. Now you need an army of lawyers to negotiate the hazardous terrain of interlocking patents. Unless we find a solution to the problem of interlocking patents, the patent system may actually impede the very innovation it was designed to encourage.”

“Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.”