Author Archives: Ha-Joon Chang
26th October, 2012
It is time to stop protecting rich from market forces
LONDON: Gore Vidal, the recently demised American writer, once famously quipped that the US economic system is “free enterprise for the poor and socialism for the rich”
LONDON: Gore Vidal, the recently demised American writer, once famously quipped that the US economic system is “free enterprise for the poor and socialism for the rich”
17th July, 2012
Africa’s economic woes
“INDUSTRIAL policy used to be a four-letter word at the World Bank,” observed Joseph Stiglitz, the Nobel economics laureate, in a recent conference on industrial policy in Africa that I attended. He should know. He
“INDUSTRIAL policy used to be a four-letter word at the World Bank,” observed Joseph Stiglitz, the Nobel economics laureate, in a recent conference on industrial policy in Africa that I attended. He should know. He
18th January, 2012
Dependence on ratings agencies
EVEN the most rational Europeans must now feel that Friday the 13th is an unlucky day after all. On that day last week, the Greek debt restructuring negotiation broke down, with many bondholders refusing to join the
EVEN the most rational Europeans must now feel that Friday the 13th is an unlucky day after all. On that day last week, the Greek debt restructuring negotiation broke down, with many bondholders refusing to join the
17th November, 2011
A catalyst for change?
THE Occupy London movement is marking its first month this week. It is routinely described as anti-capitalist, but this label is highly misleading. As I found out when I gave a lecture
THE Occupy London movement is marking its first month this week. It is routinely described as anti-capitalist, but this label is highly misleading. As I found out when I gave a lecture
