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Ha-Joon Chang Quotes: There is a big logical jump between acknowledging the destructive nature of hyperinflation and arguing that the lower the rate of inflation, the better.
         

There is a big logical jump between acknowledging the destructive nature of hyperinflation and arguing that the lower the rate of inflation, the better.


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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It's because I'm only interested in the big things that I'm not interested in politics.

It's because I'm only interested in the big things that I'm not interested in politics.



You gave me reason to believe that we were always meant to be, but now I see you were wrong, you can't keep running back to me with all them baby baby please, No More.

You gave me reason to believe that we were always meant to be, but now I see you were wrong, you can't keep running back to me with all them baby baby please, No More.



She hug me around my neck, say, "You're righter than Miss Taylor." I tear up then. My cup is spilling over. Those is new words to me.

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There is no more expensive thing than a free gift.

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It's that quirky kind of weekend feeling they write ridiculous sunny-day songs about. You know the ones--I'm sure they're on your iPod even though you'd never admit it.

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I didn't win prom king. By that point, I'd quit sports except for soccer, so I was really just a theater guy. I totally lost to the captain of the football team.

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Perhaps we should keep our monsters about us, lest we become them ourselves.

Perhaps we should keep our monsters about us, lest we become them ourselves.




Quote Description


This page presents the quote "There is a big logical jump between acknowledging the destructive nature of hyperinflation and arguing that the lower the rate of inflation, the better.". Author of this quote is Ha-Joon Chang. This quote is about arguing, inflation, rate, destructive, nature, logical, hyperinflation,.