"Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars."

--

Source : Robert Kuttner (1987). “The Economic Illusion: False Choices Between Prosperity and Social Justice”, p.169, University of Pennsylvania Press

Robert Kuttner

#Car Quotes #Firsts Quotes #Wages Quotes

“That's what you work all season for, to get into the playoff games, and you don't want to blow it.”
“In the small matters trust the mind, in the large ones the heart.”
“Facts are the soil from which the story grows. Imagination is a last resort.”
“The young, free to act on their initiative, can lead their elders in the direction of the unknown... The children, the young, must ask the questions that we would never think to ask, but enough trust must be re-established so that the elders will be permitted to work with them on the answers.”
“The game of science is, in principle, without end. He who decides one day that scientific statements do not call for any further test, and that they can be regarded as finally verified, retires from the game.”
“I have a healthy lifestyle, but there's nothing you can really do to prevent from rolling an ankle or something like that.”
“Plenty of people are onto the emptiness but it takes real guts to see the hopelessness.”
“It's not the winter that bothers me - it's the summers.”

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