A Quote by Ha-Joon Chang

Unfortunately, a lot of economists wanted to make their subject a science. So the more what you do resembles physics or chemistry, the more credible you become. — © Ha-Joon Chang
Unfortunately, a lot of economists wanted to make their subject a science. So the more what you do resembles physics or chemistry, the more credible you become.
That subject has lost its one time appeal to economists as our science has become more abstract, but my interest has even grown more intense as the questions raised by the sociology of science became more prominent.
The real negotiation is between humans on the one hand and chemistry and physics on the other. And chemistry and physics, unfortunately, don't bargain.
Contrary to what professional economists will typically tell you, economics is not a science. All economic theories have underlying political and ethical assumptions, which make it impossible to prove them right or wrong in the way we can with theories in physics or chemistry.
Scientific education for the masses will do little good, and probably a lot of harm, if it simply boils down to more physics, more chemistry, more biology, etc to the detriment of literature and history. Its probable effect on the average human being would be to narrow the range of his thoughts and make him more than ever contemptuous of such knowledge as he did not possess.
The more science I studied, the more I saw that physics becomes metaphysics and numbers become imaginary numbers. The farther you go into science, the mushier the ground gets. You start to say, 'Oh, there is an order and a spiritual aspect to science.'
The more science I studied, the more I saw that physics becomes metaphysics and numbers become imaginary numbers. The farther you go into science, the mushier the ground gets. You start to say, 'Oh, there is an order and a spiritual aspect to science.
In my school, the brightest boys did math and physics, the less bright did physics and chemistry, and the least bright did biology. I wanted to do math and physics, but my father made me do chemistry because he thought there would be no jobs for mathematicians.
As science is more and more subject to grave misuse as well as to use for human benefit it has also become the scientist's responsibility to become aware of the social relations and applications of his subject, and to exert his influence in such a direction as will result in the best applications of the findings in his own and related fields. Thus he must help in educating the public, in the broad sense, and this means first educating himself, not only in science but in regard to the great issues confronting mankind today.
Economics, over the years, has become more and more abstract and divorced from events in the real world. Economists, by and large, do not study the workings of the actual economic system. They theorize about it. As Ely Devons, an English economist, once said in a meeting: 'If economists wanted to study the horse, they wouldn't go around and look at horses. They'd sit in their studies and say to themselves, `What would I do if I were a horse?' '
Diplomacy has more to do with (credible) threats than with sweet reason. And threats from America are a lot more credible, nowadays.
Much remains to be learned about stratospheric chemistry - and, in more general terms, about the physics and chemistry of the global atmosphere.
This missing science of heredity, this unworked mine of knowledge on the borderland of biology and anthropology, which for all practical purposes is as unworked now as it was in the days of Plato, is, in simple truth, ten times more important to humanity than all the chemistry and physics, all the technical and indsutrial science that ever has been or ever will be discovered.
At one point I wanted to work for NASA and be an astrophysicist, so I did physics, math, and chemistry before realizing I probably wasn't quite smart enough to do that. But I am still hugely interested in cosmology and astrophysics. That is my geeky subject area.
My latter schooldays and my university days were during the war, when science - physics, in particular - was a very important and glamorous subject. A lot of us felt that if we couldn't get into science, we might try engineering or medicine.
For more than 200 years, materialists have promised that science will eventually explain everything in terms of physics and chemistry. Believers are sustained by the faith that scientific discoveries will justify their beliefs.
In 1948 I entered the Massachusetts Institute of Technology, undecided between studies of chemistry and physics, but my first year convinced me that physics was more interesting to me.
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