It's not just about the current economic environment. History shows that slashing budgets always leads to recession. - Ha-Joon Chang

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It's not just about the current economic environment. History shows that slashing budgets always leads to recession.

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About Ha-Joon Chang

(Hangul: 장하준; hanja: 張夏准; born 7 October 1963) is a South Korean institutional economist specialising in . Currently a reader in the Political Economy of Development at the University of Cambridge, Chang is the author of several widely discussed policy books, most notably Kicking Away the Ladder: Development Strategy in Historical Perspective (2002). In 2013 Prospect magazine ranked Chang as one of the top 20 World Thinkers.

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Additional quotes by Ha-Joon Chang

[E]very responsible citizen needs to learn some economics... such... that one becomes aware of the different types of... arguments... and... judge which... makes most sense in a given... circumstance... in light of... moral values and political goals...
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