Ha-Joon Chang Quote

Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.

Ch. 7, Keynesianism for the rich, monetarism for the poor, p. 158 - Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)