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Ha-Joon Chang Quotes: Democracy and markets are both fundamental building blocks for a decent society. But they clash at a fundamental level. We need to balance them.
         

Democracy and markets are both fundamental building blocks for a decent society. But they clash at a fundamental level. We need to balance them.


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

95% of Economics is common sense deliberately made complicated.



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.





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I can never ‘un-love’ you, Marcus. You are mine, all of you. Your faults are now my own, and all of your secrets are now mine to keep.

I can never ‘un-love’ you, Marcus. You are mine, all of you. Your faults are now my own, and all of your secrets are now mine to keep.



Everyone I built a course for thinks they have the best golf course in the world and I'm very pleased and proud of that.

Everyone I built a course for thinks they have the best golf course in the world and I'm very pleased and proud of that.



I guess I just would never be so arrogant as to think that anybody would even recognize me. I didn't even think about it.

I guess I just would never be so arrogant as to think that anybody would even recognize me. I didn't even think about it.



Young dancers are training at a very vulnerable time in their lives... So train the whole person, not just the dancer.

Young dancers are training at a very vulnerable time in their lives... So train the whole person, not just the dancer.



If you can't think of an observation that could disprove a theory, that theory simply isn't scientific.

If you can't think of an observation that could disprove a theory, that theory simply isn't scientific.



The recognition definitely helps and goes a long way for helping me to reaffirm my decision to purse art fulltime. Getting awards and nominations encourages me to keep trying even harder.

The recognition definitely helps and goes a long way for helping me to reaffirm my decision to purse art fulltime. Getting awards and nominations encourages me to keep trying even harder.



Most human beings still cannot trust love.

Most human beings still cannot trust love.



While cats can be infuriating, little old women in fur coats, they make me laugh. Of course, dogs, horses and my highly social chickens are dear to me, too.

While cats can be infuriating, little old women in fur coats, they make me laugh. Of course, dogs, horses and my highly social chickens are dear to me, too.



I remember World Cups in 1982 and 1986 when we weren't there and we'd support Belgium or Denmark, .. They had some players who played in Holland and they were a bit like the Dutch.

I remember World Cups in 1982 and 1986 when we weren't there and we'd support Belgium or Denmark, .. They had some players who played in Holland and they were a bit like the Dutch.



I mean even though we were going through our drama I would never wish death on nobody, you know what I'm sayin' Because there ain't no coming back from that

I mean even though we were going through our drama I would never wish death on nobody, you know what I'm sayin' Because there ain't no coming back from that




Quote Description


This page presents the quote "Democracy and markets are both fundamental building blocks for a decent society. But they clash at a fundamental level. We need to balance them.". Author of this quote is Ha-Joon Chang. This quote is about decent, block, democracy, balance, clash, society, building blocks,.