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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

“Capitalism, in contrast, has existed for fewer than 300 years. If the entire history of Homo sapiens was a 24-hour day, then capitalism has existed for two minutes.”

Ifs Years Two Hours Minutes Capitalism Fewer Contrast Homo Sapiens

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

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

“Kalecki thus precisely predicted the economic and political U-turn that occurred with the advent of neoliberalism. Kalecki also argued that fundamental institutional changes, especially regarding wage-setting and other aspects of the employment relationship, would be essential if full employment was to be sustained.”

Ifs Would Be Political Turns Economic Essentials Aspect Fundamentals Setting Settings Employment Advent Neoliberalism

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

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

“If you want poor people to work you restore their incentive by giving them less, such as by cutting social services. If you want rich people to work you restore their incentive by giving them more, such as by cutting taxes.”

People Ifs Want Giving Social Poor Rich Cutting Taxes Capitalism Poor People Incentives Rich People Social Service

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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