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The days are over when technology can be advanced in laboratories by individual scientists alone. Now you need an army of lawyers to negotiate the hazardous terrain of interlocking patents. 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.
Ha-Joon Chang
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There is a big logical jump between acknowledging the destructive nature of hyperinflation and arguing that the lower the rate of inflation, the better.
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Good authors, too, who once knew better words Now only use four-letter words Writing prose — Anything goes.
Cole Porter
Ha-Joon Chang
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Born:
October 7, 1963
(age 61)
Bio:
Ha-Joon Chang is a South Korean institutional economist specialising in development economics.
Known for:
Kicking away the ladder (2002)
The East Asian Development Experience (2006)
Most used words:
countries
free
market
economic
trade
poor
people
development
rich
advanced
knowledge
producers
problem
low
pie
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