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Jim Stanford Quotes

Economist

Jim Stanford is an economist born on March 3, 1961. He has made significant contributions to the field of economics, particularly in labor economics and macroeconomic policy.

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Famous Jim Stanford Quotes

“Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.”

Wells Interest Economy Function

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. ... In developed capitalist economies, private consumption spending accounts for half or more of GDP.”

Important Half Economy Economic Accounts Function Productions Spending Capitalist Household Consumption Gdp Capitalist Economy

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.”

People Social Wealth Existence Poverty Millions Economy Economic Terrible Capitalism Endure Incredibles Extremes Despite Continuing Deprivation Extreme Poverty

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“The only factor that poses a genuine challenge to the current order is the willingness of human beings to reject the injustice and irrationality of this economy, and stand up for something better. Capitalism will not fall-rather, it must be pushed.”

Humans Order Fall Challenges Human Beings Economy Capitalism Injustice Currents Genuine Factors Rejects Willingness Something Better Irrationality

Author:Jim Stanford

“Indeed, if communist central planners could have organized the economy with as much detail, precision, and flexibility as a modern-day Toyota or Wal-Mart, communism would probably still exist.”

Ifs Stills Economy Modern Details Communism Organized Communist Flexibility Precision Planners Modern Day Toyota

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

About the Author

Born: March 3, 1961
Known for: Economist
Quotes: 22

Books & Sources

Economics for everyone: a short guide to the economics of capitalismRelated source material

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