Ha-Joon Chang Quotes About Economy

Quotes about: Economy

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

  Ha-Joon Chang

  People, Income, Way

• The danger is not only that these austerity measures are killing the European economies but also that they threaten the very legitimacy of European democracies - not just directly by threatening the livelihoods of so many people and pushing the economy into a downward spiral, but also indirectly by undermining the legitimacy of the political system through this backdoor rewriting of the social contract.

  Ha-Joon Chang

  People, Political, Democracy

  "The root of Europe's riots" by Ha-Joon Chang, www.theguardian.com. September 28, 2012.

• Between the Great Depression and the 1970s, private business was viewed with suspicion even in most capitalist economies. Businesses were, so the story goes, seen as anti-social agents whose profit-seeking needed to be restrained for other, supposedly loftier, goals, such as justice, social harmony, protection of the weak and even national glory.

  Ha-Joon Chang

  Capitalist Economy, Justice, Goal

• facebook
• twitter
• googleplus
• email
• linkedin

• facebook
• twitter
• googleplus
• email
• linkedin