Economics
Bad Samaritans
by Ha-Joon Chang · 2024 · 288 pages
★4.61· 316 ratings
Bad Samaritans
Economic development requires defying comparative advantage
If they want to leave poverty behind, they have to defy the market and do the more difficult things that bring them higher incomes – there are no two ways about it. Challenging free-market dogma. Developing countries must actively pursue industries beyond their current capabilities to achieve economic growth. This often means: Britain and the US are not the homes of free trade; in fact, for a long time they were the most protectionist countries in the world. Selective historical amnesia. Today's developed nations used protectionist policies extensively during their own industrialization period
Lesson 1: Economic development requires defying comparative advantage
This principle from Bad Samaritans is backed by Ha-Joon Chang's extensive research and real-world examples. Understanding it deeply can shift how you approach decisions, relationships, and long-term planning in meaningful ways.
Lesson 2: Protectionism and state intervention played crucial roles in rich countries' development
This principle from Bad Samaritans is backed by Ha-Joon Chang's extensive research and real-world examples. Understanding it deeply can shift how you approach decisions, relationships, and long-term planning in meaningful ways.
Lesson 3: Free trade policies often harm developing countries' growth prospects
This principle from Bad Samaritans is backed by Ha-Joon Chang's extensive research and real-world examples. Understanding it deeply can shift how you approach decisions, relationships, and long-term planning in meaningful ways.
How to Apply Bad Samaritans's Lessons
The real value of Bad Samaritans lies in its applicability. After reading, the most important step is identifying which of Ha-Joon Chang's principles speak most directly to your current situation.
Consider keeping a journal while reading — noting where the ideas challenge your current approach and where they confirm what you already suspected. The friction of your own resistance often points to the most important insights.
Key Quote
"Economic development requires defying comparative advantage" — Ha-Joon Chang, Bad Samaritans
About the Author
Ha-Joon Chang is the author of Bad Samaritans. The book reflects years of research, observation, and synthesis of evidence from multiple disciplines.