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Quote by Robert Reich

“America has become the most unequal society among advanced countries, and rich people are now free to spend as much money on political campaigns as they wish.”

Quote by Robert Reich

Author

Robert Reich, born on June 24, 1946, is a former United States Secretary of Labor. He is an economist, author, and public intellectual, who served as the Secretary of Labor under the Clinton administration. Reich is known for his profound insights into labor markets and economic policies. more

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“We used to be so proud that our country offered far more economic opportunities than the feudal system in Great Britain, with its royal family, princesses and dukes. But social mobility in the UK is higher than in the US. Our social rift is as big as it was in the 1920s.”

Country Bigs Used Opportunity Social Economic Proud Higher Used To Be Our Country Britain Princess Royal Dukes Great Britain Mobility Royal Family Rift Social Mobility Feudal System

Author:Robert Reich

“Most Americans stopped looking at what was happening through a variety of coping mechanisms - starting with women entering paid work and then everyone working longer hours and using their homes for raising equity and generating more money through debt. The typical household basically staved off the day of reckoning.”

Home Hours Happenings Paid Starting Debt Variety Mechanism Household More Money Typical Entering Equity Coping Reckoning Coping Mechanisms

Author:Robert Reich

“It is a myth that higher taxes lead to less demand and slower growth. In the first three decades after World War II, US top tax rates on the wealthy were never below 70 percent.”

World Firsts War Three Growth Higher Demand Taxes Percent Rate Myth Decades War Of The Worlds Wealthy World War Ii World War I

Author:Robert Reich

“Social change occurs when the gap between the ideals that people hold and the reality that they see every day gets too large.”

People Reality Social Ideals Gaps Social Change

Author:Robert Reich

“For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our currency has already pegged to the euro since 2002. We don't have an independent monetary policy. We are regulated by the European Central Bank in Frankfurt, but we are not able to reap all the profits. Our businesses want to save the transaction costs.”

Want Able Economy Policy Cost Absolutes Independent Trade Unions Profit Zone Currency Reap Monetary Transactions Euro Central Banks Monetary Policy Frankfurt

Author:Dalia Grybauskaite

“Lithuania is a small country, so our contribution would not be that large. We are not afraid of our responsibility. We receive 25 percent of our national budget from the European Union. We understand the value of solidarity.”

Country Values Responsibility Percent Unions Budgets Contribution Not Afraid Solidarity European Union Small Countries Lithuania

Author:Dalia Grybauskaite

“Some countries need extra stimulus in specific areas. Something has to be done against high youth unemployment in Greece and Spain, for example. But in the end, there is no way around it: The debt levels have to come down.”

Way Needs Ends Country Done Levels Example Youth Areas Debt Extras Unemployment Spain Greece Stimulus

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“The way you set up for a sequel is by having a successful film. The focus is on making a successful film, and making a film that travels around the world, and that people enjoy and have fun with, and that people are able to escape with.”

People World Way Able Film Fun Enjoy Successful Focus Around The World Having Fun Sequels

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“It's an academic book, and it's discussed under academic criteria. German historians cultivate so-called objectivity. They persuade themselves that they can switch off the subjective and therefore the unsettling.”

Book Historian Academic Subjective Criteria Objectivity

Author:Gotz Aly

“A large part of academic community is unthinkingly self-involved, producing reams of sterile writing - often consuming unbelievable amounts of public funds - and serving as an instruction manual for how to chase away readers and ignore historical insights.”

Writing Self Community Reader Amount Involved Historical Insight Fund Serving Instruction Academic Unbelievable Consuming Manuals

Author:Gotz Aly