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Ha-Joon Chang Quotes: The foundation of economic development is the acquisition of more productive knowledge.
         

The foundation of economic development is the acquisition of more productive knowledge.


Ha-Joon Chang
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Other quotes of Ha-Joon Chang


Making rich people richer doesn't make the rest of us richer.

Making rich people richer doesn't make the rest of us richer.



People 'over-produce' pollution because they are not paying for the costs of dealing with it.

People 'over-produce' pollution because they are not paying for the costs of dealing with it.



The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.

The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.



There are different ways to organise capitalism. Free-market capitalism is only one of them-and not a very good one at that.

There are different ways to organise capitalism. Free-market capitalism is only one of them-and not a very good one at that.



95% of Economics is common sense deliberately made complicated.

95% of Economics is common sense deliberately made complicated.



95 percent of economics is common sense made complicated, and even for the remaining 5 percent, the essential reasoning, if not all the technical details, can be explained in plain terms.

95 percent of economics is common sense made complicated, and even for the remaining 5 percent, the essential reasoning, if not all the technical details, can be explained in plain terms.



The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.

The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.



The washing machine changed the world more than the Internet.

The washing machine changed the world more than the Internet.



A well-designed welfare state can actually encourage people to take chances with their jobs and be more, not less, open to changes.

A well-designed welfare state can actually encourage people to take chances with their jobs and be more, not less, open to changes.



[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in magnifying the former and toning down the latter.

[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in magnifying the former and toning down the latter.





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Your external world is a mirror of your internal world, and if you can discipline yourself to change your thoughts, your external world will change.

Your external world is a mirror of your internal world, and if you can discipline yourself to change your thoughts, your external world will change.



Man cannot stand a meaningless life.

Man cannot stand a meaningless life.



People hurried past, the others of the street, endless anonymous, twenty-one lives per second, race-walking in their faces and pigments, sprays of fleetest being.

People hurried past, the others of the street, endless anonymous, twenty-one lives per second, race-walking in their faces and pigments, sprays of fleetest being.



In no order of things is adolescence the time of the simple life.

In no order of things is adolescence the time of the simple life.



Every age that has historical status is governed by aristocracies.

Every age that has historical status is governed by aristocracies.



I think I'm still, in many ways, a terribly self-conscious person. I'd probably be shooting and think, "Well, how does my hair look?"

I think I'm still, in many ways, a terribly self-conscious person. I'd probably be shooting and think, "Well, how does my hair look?"



One of us... One of them... One of us... One of them... A rhythm playing like train wheels on a circular track -- never ending but going nowhere.

One of us... One of them... One of us... One of them... A rhythm playing like train wheels on a circular track -- never ending but going nowhere.



I don't understand how most pop stars live this life being told what to do, what to wear, all the time. Maybe money does mean more to some people.

I don't understand how most pop stars live this life being told what to do, what to wear, all the time. Maybe money does mean more to some people.



What has made me most proud - the things that I've done that I feel the most pride about - is helping people care about making the world better.

What has made me most proud - the things that I've done that I feel the most pride about - is helping people care about making the world better.



The successful investor is usually an individual who is inherently interested in business problems.

The successful investor is usually an individual who is inherently interested in business problems.




Quote Description


This page presents the quote "The foundation of economic development is the acquisition of more productive knowledge.". Author of this quote is Ha-Joon Chang. This quote is about knowledge, economic development, productive, foundation, development, acquisition,.