Economics is a political argument. It is.... : Quote by Ha-Joon Chang

“ Economics is a political argument. It is not – and can never be – a science; there are no objective truths in economics that can be established independently of political, and frequently moral, judgements. Therefore, when faced with an economic argument, you must ask the age-old question ‘Cui bono?’ (Who benefits?), first made famous by the Roman statesman and orator Marcus Tullius Cicero. ”

Ha-Joon Chang
  • From : Economics: The User's Guide
  • Report, if you have a problem with this page