Many people think that the U.S. is ahead in the frontier technology sectors as a result of private sector entrepreneurship. It's not. The U.S. federal government created all these sectors. Ha-Joon Chang aheadcreateentrepreneurship Change image and share on social
Instead of reading a paper, we now read the news online. Instead of buying books at a store, we buy them on-line. What's so revolutionary? The Internet has mainly affected our leisure life. Ha-Joon Chang affectbookbuy Change image and share on social
I've read quite a few readers' reviews of my book on Amazon, saying, 'Ah, he criticises the free market, he advocates central planning.' I don't do that for a minute! But this is our black and white, dichotomous way of thinking - which has really been harmful. Ha-Joon Chang advocateamazonblack share on social
As a consumer, I don't create art, but I think whatever the message is, art has to touch you. Ha-Joon Chang artconsumercreate Change image and share on social
I don't drink at lunchtime because I'm very weak at alcohol like most Asians. Ha-Joon Chang alcoholasiandrink Change image and share on social
To put it bluntly, there isn't one economic theory that can single-handedly explain Singapore's success; its economy combines extreme features of capitalism and socialism. All theories are partial; reality is complex. Ha-Joon Chang bluntlycapitalismcombine share on social
The truth is that the free movement of goods, people, and money that developed under British hegemony between 1870 and 1913 - the first episode of globalization - was made possible, in large part, by military might rather than market forces. Ha-Joon Chang britishdevelopepisode share on social
Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying restrictions that we fail to see them. Ha-Joon Chang acceptboundarychoice Change image and share on social
The feeling of insecurity is inimical to our sense of wellbeing, as it causes anxiety and stress, which harms our physical and mental health. It is no surprise then that, according to some surveys, workers across the world value job security more highly than wages. Ha-Joon Chang anxietyfeltharm share on social
I used to joke that I came to England - not to the U.S. where most Koreans go - because I like Arthur Conan Doyle and Agatha Christie. Ha-Joon Chang agathaarthurchristie Change image and share on social
