Ha-Joon Chang

A lot of things that we cannot buy and sell in markets used to be totally legal objects of market exchange - human beings when we had slavery, child labour, human organs, and so on. So there is no economic theory that actually says that you shouldn't have slavery or child labour because all these are political, ethical judgments.

Having a Congress with a more diverse educational and professional background would serve the country well. And given the budget challenges facing America today, we might benefit from a few more cold, calculating problem solvers, and fewer courtroom impresarios.

The best way to find out what we really need is to get rid of what we don't. Quests to faraway places or shopping sprees are no longer necessary. All you have to do is eliminate what you don't need by confronting each of your possessions properly.