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History is on the side of the regulators.

— Ha-Joon Chang Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

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Wikiquote does not flag this quote as disputed or misattributed.

Source: Ch. 4: 'The Finn and the elephant; Should we regulate foreign investment?', ‘More dangerous than military power’, p. 96
Work: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism, 2008
Source quality: Precise citation Points to a specific work with a page, chapter, date or similar locator, so you can look it up.

More by Ha-Joon Chang

Being told by the IMF to go easy on austerity is like being told by the Spanish Inquisition to be more tolerant of heretics.

Not all countries have succeeded through protection and subsidies, but few have done so without them.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

Unless we find a solution to the problem of interlocking patents, the patent system may actually impede the very innovation it was designed to encourage.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

Countries are poor not because their people are lazy; their people are 'lazy' because they are poor.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

There is a big logical jump between acknowledging the destructive nature of hyperinflation and arguing that the lower the rate of inflation, the better.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

Low inflation and government prudence may be harmful for economic development.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

Democracy is acceptable to neo-liberals only in so far as it does not contradict the free market.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

Corruption often exists because there are too many market forces, not too few.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

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History

More quotes by Ha-Joon Chang

Trade is simply too important for economic development to be left to free trade economists.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

The foundation of economic development is the acquisition of more productive knowledge.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

We are not smart enough to leave things to the market.

Corruption exists because there is too much, not too little, market.

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

Are you still convinced that inflation is incompatible with economic success?

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

All Ha-Joon Chang quotes →

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A generation which ignores history has no past —and no future.

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History, Stephen said, is a nightmare from which I am trying to awake.

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If we don’t care about our past we can’t have very much hope for our future.

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I like the dreams of the future better than the history of the past, — so good night!

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Attribution

Quote text and notes from Wikiquote: Ha-Joon Chang (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.