“Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.” PartyLibertyEconomicTaxesGainsAssumingDebtSpendingLibertarianTendenciesFixedExpensesLibertarianismPieFree MarketProperty RightsFallacyWealth Of Nations Book:Free to Choose: A Personal Statement Source: Free to Choose: A Personal Statement
“I believe capital gains, for the most part, should be taxed the same way we tax income from hard work, sweat, and toil. And if we do those things, we can be a country that actually can afford debt-free college again.” IfsWayShouldBelieveCountryHardI BelieveCollegeHard WorkTaxesGainsDebtIncomeSweatToilCapital GainsDebt Free Author:Hillary Clinton
“I never had credit card debt... I was very much about trying to gain my freedom, so it was about saving.” TryingGainsCreditDebtCardsSavingCredit CardCredit Card Debt Author:Jenny Mollen
“Most of the productivity gains appear to go to the top 1 percent. Most people don't have enough income and as a result, they borrow additional money by using their credit card and they fall into high debt. The result of the growing income gap is a slower growing GDP (too few people with money to spend) and a rising tide of indebtedness.” PeopleEnoughFallResultsGrowingPercentGainsCreditDebtProductivityIncomeCardsRisingGapsTidesCredit CardGdpIndebtedness Author:Philip Kotler
“Too much of the income gains go to too few people, even though all of the stakeholders worked together to make their companies successful. By failing to put enough income into more hands, the GDP grows slower and consumers manage to meet their needs by incurring high levels of debt.” PeopleNeedsEnoughHandsTogetherGrowsLevelsCompanySuccessfulToo MuchFailingGainsDebtIncomeManageConsumersHigh LevelGdpStakeholderIncurring Author:Philip Kotler
“A world in which government is burdened by historic debt, philanthropy has limited resources, and the private sector is only interested in its own personal gain is simply unsustainable.” WorldGovernmentGainsResourcesDebtPhilanthropyHistoricPrivate SectorLimited ResourcesPersonal Gain Author:Simon Mainwaring