A Quote by Ha-Joon Chang

The truth is that the free movement of goods, people, and money that developed under British hegemony between 1870 and 1913 - the first episode of globalization - was made possible, in large part, by military might rather than market forces.
We must continue to liberalise the single market, cut red tape and basically create a digital single market. We have not completed the single market yet, there is not sufficient free movement of goods, labour, services and money. We have to keep on working at that against all the protectionist tendencies that we have right now.
One of the most important features of our economic resources is their scarcity: land, labor, and capital goods factors are all scarce, and may all be put to various possible uses. The free market uses them 'productively' because the producers are guided, on the market, to produce what the consumers most need: automobiles, for example, rather than buggies.
Some prison officials are determined to keep the people they lock in cages as ignorant as possible about the racial, social, and political forces that have made the United States the most punitive nation on earth. Perhaps they worry the truth might actually set the captives free.
America has an important role to play as the world leader in creating a global order, free trade, free waterways, free commerce, free movement of people. That happens because of U.S. military might.
Top management as a function and as a structure was first developed by Georg von Siemens (1839-1901) in Germany between 1870 and 1880, when he designed and built the Deutsche Bank and made it, within a very few years, into continental Europe's leading and most dynamic financial institution.
Free access to the single market will be granted to a country which accepts the four fundamental freedoms of movement of people, goods, services, and capital.
The people in the southern provinces have no interest whatsoever to see British forces leave because they're providing security, stability, structure, and relations have always been good ... really between the British forces and the local Iraqis in this area.
Globalization, meaning the global expansion of a market economy, is the only way we can guarantee widespread prosperity and peace. A lot of nations are just so small, that unless they can sell their goods and services on the market they're never going to develop, they don't have an internal market that's big enough to sustain anything.
A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.
We say that a group united and developed in the royal way, by forces of nature, is a race; a group united and developed by way of might, by human forces, is a state. This, then, is the difference between a race or nationality and a state.
We are the only major developed nation that isn't investing meaningfully in high-speed rail, and I believe we're making a mistake. Transportation systems that are fast and efficient and environmentally clean are going to enable the formation of these new mega-regions, the heart of the spatial fix. We need to be able to accelerate the movement of people, goods, and services - the very movement of ideas, knowledge, and creativity - between our major population centers. We have to build these links.
A considerable proportion of the developed world's prosperity rests on paying the lowest possible prices for the poor countries' primary products and on exporting high-cost capital and finished goods to those countries. Continuation of this kind of prosperity requires continuation of the relative gap between developed and underdeveloped countries - it means keeping poor people poor. Increasingly, the impoverished masses are understanding that the prosperity of the developed countries and of the privileged minorities in their own countries is founded on their poverty.
I think that the movement against the World Bank, against the globalization process that is happening, is very positive. We need a globalization, a globalization of people who are committed to social justice, to economic justice. We need a globalization of people who are committed to saving this earth, to making sure that the water is drinkable, that the air is breathable.
New Zealand’s nuclear free movement is a broad-based and popular movement. Our nuclear free status is a challenge to much that is accepted as orthodox in international relations. It was formally adopted in the cold war era as a form of resistance to the dismal doctrines of nuclear deterrence. It is still a rebuke to the unprincipled exercise of economic power and military might.
The essence and the glory of the free market is that individual firms and businesses, competing on the market, provide an ever-changing orchestration of efficient and progressive goods and services: continually improving products and markets, advancing technology, cutting costs, and meeting changing consumer demands as swiftly and as efficiently as possible.
A university anywhere can aim no higher than to be as British as possible for the sake of the undergraduates, as German as possible for the sake of the public at large-and as confused as possible for the preservation of the whole uneasy balance.
This site uses cookies to ensure you get the best experience. More info...
Got it!