The economy is much bigger than the market. We will not be able to build a good economy - nor a good society - unless we look at the vast expanse beyond the market.
big build economy
Ha-Joon Chang
These are some quotes by South Korean author Ha-Joon Chang Economist, who was born on October 7, 1963.
Quotes by 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.
