Topic: Ha Joon Chang

Economist Ha-Joon Chang, author of "Kicking Away the Ladder," argued on Planet Money that protectionism is a proven path to national wealth. He cited the development of Hyundai in South Korea, which began by assembling Ford "knockdown kits" before the government banned foreign car imports to foster a domestic industry. This historical context suggests that temporary trade barriers allow infant industries to mature into global competitors.