"Growth is a substitute for equality of income. So long as there is growth there is hope, and that makes large income differentials tolerable."

--

Henry Wallich

#Long Quotes #Growth Quotes #Income Quotes

“The first half has gone how I almost half-anticipated.”
“I can't remember when I wasn't an animal rights activist.”
“Technological change is discontinuous. The monks in their scriptoria did not invent the printing press, horse breeders did not invent the motorcar, and the music industry did not invent the iPod or launch iTunes.”
“There are plenty of towns in America where the 4-year-old has shot his 2-year-old sister by using daddy's gun.”
“One doesn't know, till one is a bit at odds with the world, how much one's friends who believe in one rather generously, mean to one.”
“I've always found it pretty difficult to write a happy song. Since I was a kid, when I pick up my guitar it's been hard for me to write some sort of bubblegum lyrics. It's not really ever been my route.”
“Use the right word, not its second cousin.”
“It takes visions and courage to create. It takes faith and courage to prove.”

You may also like:

John Rawls
Philosopher
Konrad Adenauer
Former Chancellor of Germany
Ludwig Erhard
Former Chancellor of Germany
Paul Samuelson
Economist
Thomas Schelling
Economist