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Ha-Joon Chang Quotes: 95% of Economics is common sense deliberately made complicated.
         

95% of Economics is common sense deliberately made complicated.


Ha-Joon Chang
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"Ha-Joon Chang Quotes." Quoteslyfe.com, 2024. Mon. 29 Apr. 2024. <https://www.quoteslyfe.com/quote/95-of-Economics-is-common-sense-deliberately-632964>.





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Other quotes of Ha-Joon Chang


Making rich people richer doesn't make the rest of us richer.

Making rich people richer doesn't make the rest of us richer.



People 'over-produce' pollution because they are not paying for the costs of dealing with it.

People 'over-produce' pollution because they are not paying for the costs of dealing with it.



The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.

The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.



There are different ways to organise capitalism. Free-market capitalism is only one of them-and not a very good one at that.

There are different ways to organise capitalism. Free-market capitalism is only one of them-and not a very good one at that.



95 percent of economics is common sense made complicated, and even for the remaining 5 percent, the essential reasoning, if not all the technical details, can be explained in plain terms.

95 percent of economics is common sense made complicated, and even for the remaining 5 percent, the essential reasoning, if not all the technical details, can be explained in plain terms.



The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.

The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.



The washing machine changed the world more than the Internet.

The washing machine changed the world more than the Internet.



A well-designed welfare state can actually encourage people to take chances with their jobs and be more, not less, open to changes.

A well-designed welfare state can actually encourage people to take chances with their jobs and be more, not less, open to changes.



[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in magnifying the former and toning down the latter.

[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in magnifying the former and toning down the latter.



Countries are poor not because their people are lazy; their people are 'lazy' because they are poor.

Countries are poor not because their people are lazy; their people are 'lazy' because they are poor.





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Spirituality [Nischay] means complete truth and worldly interactions means truth to a certain extent.

Spirituality [Nischay] means complete truth and worldly interactions means truth to a certain extent.




When I don't feel hurt, I hope they bury me.

When I don't feel hurt, I hope they bury me.



Power without a nation's confidence is nothing.

Power without a nation's confidence is nothing.




When death comes, he respects neither age nor merit. He sweeps from the earthly existence the sick and the strong, the rich and the poor, and should teach us to live to be prepared for death.

When death comes, he respects neither age nor merit. He sweeps from the earthly existence the sick and the strong, the rich and the poor, and should teach us to live to be prepared for death.



Developing characters is a strange thing. In the beginning they are abstract and I wonder how to move on from there.

Developing characters is a strange thing. In the beginning they are abstract and I wonder how to move on from there.



I looked over at her; if women knew how good they looked in the dash light of oversized pickup trucks, they'd never get out of them.

I looked over at her; if women knew how good they looked in the dash light of oversized pickup trucks, they'd never get out of them.



Atheism in its negation of gods is at the same time the strongest affirmation of man, and through man, the eternal yea to life, purpose, and beauty.

Atheism in its negation of gods is at the same time the strongest affirmation of man, and through man, the eternal yea to life, purpose, and beauty.



I'm not one of these 'the characters write themselves; the story just fell out of me' kind of writers. Wish it was like that.

I'm not one of these 'the characters write themselves; the story just fell out of me' kind of writers. Wish it was like that.




Quote Description


This page presents the quote "95% of Economics is common sense deliberately made complicated.". Author of this quote is Ha-Joon Chang. This quote is about made, economics, common sense, complicated,.