[I]t's a fantasy ...to reshore or bring back home the bulk of manufacturing that have migrated to China and other developing countries ...[I]t just c… - Ha-Joon Chang

[I]n the United States... official unemployment is at... 15-16% but if you count the... number of people who have become newly unemployed, counted by... unemployment insurance claimants, basically American unemployment rate is nearly 30%. ...During the Great Depression the only other economic crisis comparable in scale... the highest unemployment rate in the US was in 1933... at 25%.

[I]t's up to societies... especially the citizens to demand these things, to create systems that will... not only enable the country to deal with these kind of crises in the future, but... more importantly that... can make the society more equal. ...My point is, we have to start the discussion. ...We have to talk about this. ...The people have to keep banging on, "Why did you keep all those claps [applause] during those eight weeks in the spring to the nurses but then you didn't pay them any more? ...Why is the NHS so dilapidated? We have to keep pushing... otherwise the people in power are not going to do that.

Low inflation and government prudence may be harmful for .