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Ha-Joon Chang Quotes: The top 10 per cent of the US population appropriated 91 per cent of income growth between 1989 and 2006, while the top 1 per cent took 59 per cent.
         

The top 10 per cent of the US population appropriated 91 per cent of income growth between 1989 and 2006, while the top 1 per cent took 59 per cent.


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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Reach out for, then embrace your heart consciousness.

Reach out for, then embrace your heart consciousness.



Life in this village is like that of a louse hanging on to a wrinkle in a loincloth.

Life in this village is like that of a louse hanging on to a wrinkle in a loincloth.



Bless you. Be careful. Anyone intending to meddle with words needs such blessing, such warning.

Bless you. Be careful. Anyone intending to meddle with words needs such blessing, such warning.



You may call God love, you may call God goodness. But the best name for God is compassion.

You may call God love, you may call God goodness. But the best name for God is compassion.



Do Something Small But Useful Now.

Do Something Small But Useful Now.



What is essential in a work of art is that it should rise far above the realm of personal life and speak to the spirit and heart of the poet as man to the spirit and heart of mankind.

What is essential in a work of art is that it should rise far above the realm of personal life and speak to the spirit and heart of the poet as man to the spirit and heart of mankind.



I get much more respect, as befits my age. And I have nothing to complain about.

I get much more respect, as befits my age. And I have nothing to complain about.



We asked for God's help; and now, in this shining outcome, in this magnificent triumph of good over evil, we should thank God.

We asked for God's help; and now, in this shining outcome, in this magnificent triumph of good over evil, we should thank God.



There is a vast intelligence running this world, and everything is in order; nothing is missing

There is a vast intelligence running this world, and everything is in order; nothing is missing



So I show appreciation for the little gifts that have been handed to me.

So I show appreciation for the little gifts that have been handed to me.




Quote Description


This page presents the quote "The top 10 per cent of the US population appropriated 91 per cent of income growth between 1989 and 2006, while the top 1 per cent took 59 per cent.". Author of this quote is Ha-Joon Chang. This quote is about population, income, top 10, growth,.