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Quote by John Lanchester

“Somebody told me ... that he overheard a banker's wife saying her husband was working for free this year-this was 2009. What she meant was, he was just getting his basic salary of £300,000, and no bonus. Their sense of entitlement is, in the proper sense of the word, psychotic.”

Quote by John Lanchester

Author

John Lanchester
John Lanchester

John Lanchester is a British journalist born on February 25, 1962. Known for his insightful observations of contemporary society and culture, his work spans across novels, criticism, and reporting. more

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“Sharp increases in the minimum wage rate are also inflationary. Frequently workers paid more than the minimum gauge their wages relative to it. This is especially true of those workers who are paid by the hour. An increase in the minimum therefore increases their demands for higher wages in order to maintain their place in the structure of wages. And when the increase is as sharp as it is in H.R. 7935, the result is sure to be a fresh surge of inflation.”