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Ha-Joon Chang

Ha-Joon Chang Quotes

Economist

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Famous Ha-Joon Chang Quotes

“The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double standards involved in recommending free trade and free market to developing countries.”

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Book:Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
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“Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more competitors emerging through the nationalistic policies they themselves successfully used in the past.”

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Book:Bad Samaritans: The Guilty Secrets of Rich Nations and the Threat to Global Prosperity
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“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.”

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