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Cost Quotes

“I would ask: Given the nature of free-market capitalism - where the rule is to rise to the top at all costs - is it possible to have a financial industry hero? And by the way, this is not a pop-culture trend we're talking about. There aren't many financial heroes in literature, theater or cinema.”

“A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The nonpartisan CBO issued a report today saying that raising the minimum wage to $10.10 an hour would cost the economy about 500,000 jobs...Why should we trust Democrats on anything when they couldn't have foreseen that this would be the case?”

“My analysis, especially of the computer revolution, always comes back to capitalism. It's that economic system that has led to Western civilization's willingness to enslave ourselves to machines - because some people benefit enormously from it, while the costs are borne by other people and the planet.”