Arthur Melvin Okun famous quotes

Last updated: Sep 5, 2024

Society can transport money from rich to poor only in a leaky bucket
-- Arthur Melvin Okun

#Buckets #Poverty #Rich
The market, if it can be kept honest and competitive, does provide very strong incentives for work effort and productive contributions. In their absence, society would thrash about for alternative incentives-some unreliable, like altruism; some perilous like collective loyalty; some intolerable, like coercion or oppression.
-- Arthur Melvin Okun

#Loyalty #Strong #Effort
High tax rates are followed by attempts of ingenious men to beat them as surely as surely as snow is followed by little boys on sleds.
-- Arthur Melvin Okun

#Boys #Men #Snow

History is a commentary on the various and continuing incapabilities of men. What is history? History is women following behind with the bucket.
We shall prosper as we learn to do the common things of life in an uncommon way. Let down your buckets where you are.
This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation.
Two little mice fell in a bucket of cream. The first mouse quickly gave up and drowned. The second mouse, wouldn't quit. He struggled so hard that eventually he churned that cream into butter and crawled out. Gentlemen, as of this moment, I am that second mouse.
Poverty, first of all was never a misfortune for me; it was radiant with sunlight.. I owe it to my family, first of all, who lacked everything and who envied practically nothing.
But to the world no bugbear is so great, As want of figure and a small estate.
Owain crossed his arms over his chest. "I've gone straight. Only good, clean jobs for me now." "So, in other words," North said, "you're living in poverty?
Rich people don't pay taxes? Of course they pay taxes - they pay tons in taxes. They pay for everyone else who doesn't pay taxes.
It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
I have a different idea of a universal. It is of a universal rich with all that is particular, rich with all the particulars there are, the deepening of each particular, the coexistence of them all.

Arthur Melvin Okun famous quotes

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