The pandemic has revealed that... poor people—people in marginalized communities—are more prone to contract the disease and die from it because of ge… - Ha-Joon Chang

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The pandemic has revealed that... poor people—people in marginalized communities—are more prone to contract the disease and die from it because of generally worse health, limited access to health care, and other things that define this unequal society. ...[A] positive way to respond to this is to accept that and find a way to reduce that inequality, and it is already happening in some countries. ...I'm not usually a cheerleader for my own country, South Korea... we have so many shameful world records... the highest suicide rate, the lowest fertility rate... name it, but South Korea has... managed the pandemic really well, first of all because... despite this general aversion to the welfare state, it has a very robust public health insurance. ...So anyone who had problems could... get tested and treated... This is how you manage to keep the death toll under 300, but in that country... because it controlled the health situation so well, it actually didn't go into full lockdown, but still, people were wary of going out and the biggest sufferers from this was... people... running small bars, restaurants, karaoke bars... [T]hese people were very hard hit and... I was... surprised [the country is] talking about universal employment insurance scheme. So... it doesn't matter what your job used to be... Countries are now talking about introducing that covers people who work in any type of company, self-employed people, social platform workers, people working in the . ...[I]f it happens it will be a really progressive change...

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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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[E]conomics can never be a science in the sense that physics or chemistry is. There are many different types of economic theory, each emphasizing different aspects of a complex reality, making different moral and political value judgments and drawing different conclusions. ...[E]conomic theories constantly fail to predict real-world developments... not least because human beings have... free will, unlike chemical molecules or [other] physical objects.

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[J]argons that facilitate communication within the profession makes its communication with outsiders more difficult. ...[A]ll technical professions have an incentive to make themselves look more complicated... so they can justify the high fees... for their services.

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