“Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take.” CountryProblemDecisionResultsGrowingPolicyIncomeInequalityExecutivesReceivingDistributionIncentivesCompensationImplicationsExecutive CompensationIncome Distribution Author:Barney Frank
“Many writers claim that nearly all crime is caused by economic conditions, or in other words that poverty is practically the whole cause of crime. Endless statistics have been gathered on this subject which seem to show conclusively that property crimes are largely the result of the unequal distribution of wealth. But crime of any class cannot be safely ascribed to a single cause. Life is too complex, heredity is too variant and imperfect, too many separate things contribute to human behavior, to make it possible to trace all actions to a single cause.” HumansHas BeensWholeShowsSeemsActionLife IsCausesWealthResultsClassPovertyEconomicConditionsSubjectsCrimeBehaviorClaimsPropertyComplexesEndlessStatisticsImperfectHuman BehaviorDistributionHeredityDistribution Of Wealth Author:Clarence Darrow
“Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results.” TwoProblemWisdomPoliticsResultsEconomyClearEconomicEconomicsLaborIncomeFactorsLiberalismProductiveThinkerDistributionEconomic Problems Author:Louis O. Kelso
“I went to the top of the mountain in television and could do anything I wanted, but I wanted to do an independent film, which results in you paying your own way, fighting like hell to get distribution, and maybe 30 people will see it. That was a good idea.” PeopleWayIdeasWantedFilmFightingResultsHellTelevisionMountainIndependentGood IdeasDistributionIndependent Film Author:Joel Surnow
“I look upon the giving away of a religious tract as only the first step for action not to be compared with many another deed done for Christ; but were it not for the first step we might never reach to the second, but that first attained, we are encouraged to take another, and so at the last There is a real service of Christ in the distribution of the gospel in its printed form, a service the result of which heaven alone shall disclose, and the judgment day alone discover. How many thousands have been carried to heaven instrumentally upon the wings of these tracts, none can tell” GivingFirstsLooksHas BeensRealDoneMightActionLastsFormHeavenChristReligiousResultsStepsJudgmentWingsDeedsLook UpFirst StepsDistributionPrintedJudgment DayDeeds Done Author:Charles Spurgeon
“They talk about class warfare -- the fact of the matter is there has been class warfare for the last thirty years. It's a handful of billionaires taking on the entire middle-class and working-class of this country. And the result is you now have in America the most unequal distribution of wealth and income of any major country on Earth and the worst inequality in America since 1928. How could anybody defend the top 400 richest people in this country owning more wealth than the bottom half of America, 150 million people?” PeopleYearsHas BeensCountryMatterFactsEarthLastsAmericaWealthResultsHalfClassMillionsMiddleWorstMajorsBottomIncomeInequalityThirtyMiddle ClassWarfareWorking ClassDistributionHandfulBillionaireThirty YearsClass WarfareDistribution Of Wealth Author:Bernie Sanders
“Major League Baseball's labor negotiations involve two paradoxes. The players' union's primary objective is to protect the revenues of a very few very rich owners - principally, the Yankees'. The owners' primary objective is a more egalitarian distribution of wealth. The union believes that unconstrained spending by the richest three teams pulls up all payrolls. Most owners believe that baseball's problems--competitive imbalance, the parlous financial conditions of many clubs--result from large and growing disparities of what are mistakenly treated as 'local' revenues.” BelieveTwoProblemThreeWealthResultsRichGrowingPlayerTeamConditionsProtectMajorsLaborBaseballUnionsFinancialClubsSpendingLocalsObjectivesTreatedPrimariesLeagueOwnersParadoxNegotiationDistributionRevenueYankeesImbalanceDisparityMajor LeaguePayrollPull UpsDistribution Of WealthMajor League Baseball Author:George Will
“People would be a lot more skeptical if they understood that there is an incredible amount of chance in the results that you observe for active managers. So the distribution of outcomes is enormously wide - but that's exactly what you'd expect by chance with lots of active managers who hold imperfectly diversified portfolios. The really good portfolios contain a lot of really lucky picks, and the really bad portfolios contain a lot of really unlucky picks as well as some really bad ones.” PeopleIfsWellsWould BeChanceResultsAmountLuckyPicksUnderstoodIncrediblesInvestingActiveWideManagersOutcomesDistributionSkepticalUnluckyPortfolios Author:Eugene Fama
“People regulate their level and distribution of effort in accordance with the effects they expect their actions to have. As a result, their behavior is better predicted from their beliefs than from the actual consequences of their actions” PeopleActionBeliefLevelsResultsEffortEffectsBehaviorConsequenceDistributionSelf Efficacy Book:Social foundations of thought and action: a social cognitive theory Source: Social foundations of thought and action: a social cognitive theory