Boyd

“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, 23 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, 23 Things They Don't Tell You About Capitalism

“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, 23 Things They Don't Tell You About Capitalism

“People 'over-produce' pollution because they are not paying for the costs of dealing with it.”
― Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism