When Becker titled... The Economic Approach to Human Behaviour, he was... declaring... economics is about everything. - Ha-Joon Chang

95% of Economics is common sense deliberately made complicated.

When these numbers keep climbing they just become statistics, but I ...don't understand how, in the UK... US... Brazil, people think it is OK to have hundreds of people die every day, if not thousands. ...In South Korea ...despite it being one of the countries that got hit the earliest, the death toll is still below 300 ...In the UK ...there are days when that number of people die in a day... So it has exposed the total failure of this laissez-faire approach, when it comes to issues like this. Also, what countries have done to deal with this crisis... in... at least the short to medium term, if not the long term, have... destroyed this neoliberal... article of faith that the best thing that the government can do is to provide law and order and invest in the social , and maybe a bit of basic education...

As water flows from high to low, knowledge has always flowed from where there is more to where there is less. Those countries that are better at absorbing the knowledge inflow have been more successful in catching up with the more economically advanced nations. On the other side of the fence, those advanced nations that are good at controlling the outflow of core technologies have retained their technological leadership for longer. The technological '', between backward countries trying to acquire advanced foreign knowledge and the advanced countries trying to prevent its outflow has always been at the heart of the game of .