“
[W]hen it comes to basic income, please do not just look at the demand side, but also look at the supply side. ...Whatever amount of income they're going to give you... how are they going to provide those basic social services? Some proposals are progressive, but some are not. Some haven't even thought about this. You need to look at both aspects.
— Ha-Joon Chang
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "[W]hen it comes to basic income, please do not just look at the demand side, but also look at the supply side. ...Whatever amount of income they're going to give you... how are they going to provide those basic social services? Some proposals are progressive, but some are not. Some haven't even thought about this. You need to look at both aspects." in the context of "" to mean that wisdom is timeless.
Source:
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
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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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