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.

The Yas Marina circuit is really pretty impressive. The track itself has some quite slow corners and not a great deal of overtaking opportunities, but it seems to combine a road course with a circuit course.

The ruling idea of the politician - stated rather bluntly - is that those who are opposed to him exist for the purpose of being made to serve his ends, if he can get power enough in his hands to force these ends upon them.