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The foundation of economic development is the acquisition of more productive knowledge.
Ha-Joon Chang
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Economic knowledge necessarily leads to liberalism.
Ludwig von Mises
Production functions involving only land, labor and capital... never work and never explain economic development.
Kenneth Boulding
The stages of human development are to strive for: (1) Besitz [Possession] (2) Wissen [Knowledge] (3) Können [Ability] (4) Sein.
Erwin Schrödinger
Low inflation and government prudence may be harmful for economic development.
Ha-Joon Chang
Culture changes with economic development.
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