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Ha-Joon Chang
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born
October 07, 1963
in Seoul, Korea, Republic of
gender
male
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“Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.”
― Ha-Joon Chang, Twenty-Three Things They Don't Tell You about Capitalism
― Ha-Joon Chang, Twenty-Three Things They Don't Tell You about Capitalism
“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, Twenty-Three Things They Don't Tell You about Capitalism
― Ha-Joon Chang, Twenty-Three Things They Don't Tell You about Capitalism
“The widely accepted assertion that, only if you let markets be will everyone be paid correctly and thus fairly, according to his worth, is a myth. Only when we part with this myth and grasp the political nature of the market and the collective nature of individual productivity will we be able to build a more just society in which historical legacies and collective actions, and not just individual talents and efforts, are properly taken into account in deciding how to reward people.”
― Ha-Joon Chang, Twenty-Three Things They Don't Tell You about Capitalism
― Ha-Joon Chang, Twenty-Three Things They Don't Tell You about Capitalism
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