“
95% of Economics is common sense deliberately made complicated.
— Ha-Joon Chang
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "95% of Economics is common sense deliberately made complicated." in the context of "Lecture at the RSA about his book 23 Things They Don't Tell You About Capitalism (September 2010)." to mean that wisdom is timeless.
Source: Wikiquote: "Ha-Joon Chang" (Quotes)
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
About Ha-Joon Chang
Ha-Joon Chang (Hangul: 장하준; hanja: 張夏准; born 7 October 1963) is a South Korean institutional economist specialising in development economics. Currently a reader in the Political Economy of Development at the University of Cambridge, Chang is the author of several widely discussed policy books, most notably Kicking Away the Ladder: Development Strategy in Historical Perspective (2002). In 2013 Prospect magazine ranked Chang as one of the top 20 World Thinkers.
About Ha-Joon Chang
Ha-Joon Chang (Hangul: 장하준; hanja: 張夏准; born 7 October 1963) is a South Korean institutional economist specialising in development economics. Currently a reader in the Political Economy of Development at the University of Cambridge, Chang is the author of several widely discussed policy books, most notably Kicking Away the Ladder: Development Strategy in Historical Perspective (2002). In 2013 Prospect magazine ranked Chang as one of the top 20 World Thinkers.
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