Quotes about income (532 quotes, page 5)

“All any drug amounts to is tweaking the incoming data. You have to be incredibly self-centered or pathetic to be satisfied with simply tweaking the incoming data.”

William Gibson (1948) American-Canadian speculative fiction novelist and founder of the cyberpunk subgenre

No Maps for These Territories (2000)

“One of the most ridiculous defenses of foreign aid is that it is a very small part of our national income. If the average American set fire to a five-dollar bill, it would be an even smaller percentage of his annual income. But everyone would consider him foolish for doing it.”

Thomas Sowell (1930) American economist, social theorist, political philosopher and author

1980s–1990s, Barbarians inside the Gates and Other Controversial Essays (1999)

Parting

“The lackluster nature of most multinational corporations emerging market strategies over the past decade does not change the magnitude of the opportunity. The real source of market promise is not the wealthy few in the developing world, or even the emerging middle-income consumers: It is the billions of aspiring poor who are joining the market economy for the first time.”

C.K. Prahalad (1941–2010) Indian academic

C. K. Prahalad & Stuart L Hart, cited in: Jeffrey E. Garten (2002), The Politics of Fortune: A New Agenda for Business Leaders, p. 125

World , Nature , Change , Time

“It's a rule worth having in mind. Income almost always flows along the same axis as power but in the opposite direction.”

John Kenneth Galbraith (1908–2006) American economist and diplomat

Source: The Age of Uncertainty (1977), Chapter 1, p. 13

“In the mass movement into the suburban areas a new kind of community was produced, which caricatured both the historic city and the archetypal suburban refuge: a multitude of uniform, unidentifiable houses, lined up inflexibly, at uniform distances, on uniform roads, in a treeless communal waste, inhabited by people of the same class, the same income, the same age group, witnessing the same television performances, eating the same tasteless prefabricated foods, from the same freezers, conforming in every outward and inward respect to a common mold, manufactured in the central metropolis. Thus the ultimate effect of the suburban escape in our time is, ironically, a low-grade uniform environment from which escape is impossible.”

Lewis Mumford book The City in History

pg 486
The City in History (1961)

People , Age , Food , Communication

“The real reason for withholding taxes is the unwillingness of workers to share their incomes with the government and the consequent difficulties of collection. To overcome this handicap, the government has simply impressed employers into its service as involuntary and unpaid tax collectors. It is a form of conscription. Disregarding the right of privacy, which is an essential of liberty, the government’s agents may, under the law, invade the employer’s office, demand his accounts, and punish him for any infraction which they believe he has committed; they can impound his property and inflict a penalty for not having collected taxes for the government.”

Frank Chodorov (1887–1966) American libertarian thinker

Source: The Income Tax: Root of All Evil (1954), p. 43

Law , Penalty

“We’re going to refinance everyone’s existing student debt, 40 million Americans have student debt. … Under my plan, you will be able to also lower your debt, move into a program to pay it back as a percentage of your income and more than that, my plan for debt-free tuition at public colleges and universities will eventually eliminate any student debt. But for people who have it, I’m going to put a date certain that after a certain number of years, you no longer have to pay anything. The government has to quit making money off of lending money to young people to get their education.”

Hillary Clinton (1947) American politician, senator, Secretary of State, First Lady

Presidential campaign (April 12, 2015 – 2016), Democratic Presidential Debate in Miami (March 9, 2016)

Money , People , Education , Universe

“I have sometimes told myself that if only there were a notice on church doors forbidding entry to anyone with an income above a certain figure, and a low one, I would be converted at once.”

Simone Weil (1909–1943) French philosopher, Christian mystic, and social activist

Letter to Georges Bernanos (1938), in Seventy Letters, as translated by Richard Rees (Wipf and Stock: 1965), p. 105

“You were uncomfortable in your own skin you were thirsty but mostly you were beautiful
If we were our paranoias I'd be joining you
if we were our incomes
If we were our obsessions
If we were our afflictions i'd be joining you”

Alanis Morissette (1974) Canadian-American singer-songwriter

Joining You
Supposed Former Infatuation Junkie (1998)

Beauty , Affliction

“Protocols
Number 20, paras. 26-32
The budgets of income and expenditure will be carried out side by side that they may not be obscured by distance one to another.
…The first irregularity, as we shall point out, consists in their beginning with drawing up a single budget which year after year grows owing to the following cause: this budget is dragged out to half the year, ten they demand a
Graves: Clearly, the “Protocols” author adapts the text of “Dialogues” so carelessly in his hasty attempt to Prove a Jewish conspiracy!”

Will Eisner (1917–2005) American cartoonist

Source: The Plot: The Secret Story of the Protocols of the Elders of Zion (10/2/2005), p.83

Drawing

“Paycheck discrimination is not the only obstacle preventing women from having the same economic opportunities as men. As our country continues to focus on our economic recovery, leveling the financial playing field for women must be a priority. According to recent predictions, within a generation, more families will be supported by women than men. If these primary breadwinners earn lower incomes, it won't just affect their families, but also consumer spending and our larger financial growth.”

Sandra Fluke (1981) American women's rights activist and lawyer

CNN, (April 17, 2012).
Articles

Women , Men , Family , Support

“I was trying to write a book that simply would not come. I did my daily five hundred words, but the characters never began to live. So much in writing depends on the superficiality of one’s days. One may be preoccupied with shopping and income tax returns and change conversations, but the stream of the unconscious continues to flow undisturbed, solving problems, planning ahead: one sits down sterile and dispirited at the desk, and suddenly the words come as though from the air: the situations that seemed blocked in a hopeless impasse move forward: the work has been done while one slept or shopped or talked with friends. But this hate and suspicion, this passion to destroy went deeper than the book – the unconscious worked on it instead…”

Graham Greene book The End of the Affair

Bk. 1, ch. 2
The End of the Affair (1951)

Hate , Books , Problem , Passion

“I do want to reduce the income tax and if possible, eliminate the income tax…The first thing you do is balance the budget, then reduce the size of government.”

Rand Paul (1963) American politician, ophthalmologist, and United States Senator from Kentucky

2000s

“You could say that GDP (National Income) and prosperity and wealth grows fastest when income tax rates are highest. And wealth slows, the economy slows, when taxes are cut. That's counter intuitive but if you look at any chart comparing tax rates and economic growth rates that's what you find. The 19th century knew it, the 18th century knew it but today you have a kind of counter revolution of junk economics that is basically anti-labor economics.”

Michael Hudson (economist) (1939) American economist

"Higher Taxes on Top 1% Equals Higher Productivity", Video Interview (13:28), The Real News Network (TRNN) http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=6000 (January 1, 2011)

Wealth

“…it is already clear that the policies that we have been pursuing have brought about a profound cultural change in this country. That, indeed, is what it is all about. For that cultural change is the only route to the economic success that we all wish to see, and which is no longer promise but reality. No longer do people accept that economic policy should be about regulating everyone's lives and imposing penal tax rates, in the illusion that that will benefit those on lower incomes. Instead, it is now widely recognised except on the Opposition Benches that one cannot make the poor rich by making the rich poor and that there are enormous benefits in getting the state off people's backs, in transferring decision-making from the state to the people. And it is now abundantly clear that giving greater freedom and greater incentives has removed the shackles that have held back Britain for so many years and has liberated a great surge in enterprise.”

Nigel Lawson (1932) British Conservative politician and journalist

Speech http://hansard.millbanksystems.com/commons/1988/mar/21/budget-resolutions-and-economic-situation in the House of Commons (21 March 1988)

People , Reality , Decision , Freedom

“• New Special Provision under the Department of Health on the National Health Insurance Program, allocating the sum of P37.060 billion to cover the full premium subsidy of the health insurance premium for the following: a) Indigent Families under the NHTS-PR of the DSWD; b) Existing 2014 Poor and Low Income Enrolees, other than the Indigent Families under the NHTS-PR of DSWD, enrolled under the National Health Insurance Program (NHIP) whose enrolment have been validated and renewed for 2015; c) Indigent Elected and Appointed Barangay Officials, which shall include the Punong Barangay, Members of the Sangguniang Barangay, Barangay Secretary, Barangay Treasurer, Barangay Health Workers and Barangay Tanod; and d) Senior Citizens, again, in accordance with law;”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

Health , Family , Law

“An invariable accompaniment of growth in developed countries is the shift away from agriculture, a process usually referred to as industrialization and urbanization. The income distribution of the total population, in the simplest model, may therefore be viewed as a combination of the income distributions of the rural and of the urban populations. What little we know of the structures of these two component income distributions reveals that: (a) the average per capita income of the rural population is usually lower than that of the urban;' (b) inequality in the percentage shares within the distribution for the rural population is somewhat narrower than in that for the urban population… Operating with this simple model, what conclusions do we reach? First, all other conditions being equal, the increasing weight of urban population means an increasing share for the more unequal of the two component distributions. Second, the relative difference in per capita income between the rural and urban populations does not necessarily drift downward in the process of economic growth: indeed, there is some evidence to suggest that it is stable at best, and tends to widen because per capita productivity in urban pursuits increases more rapidly than in agriculture. If this is so, inequality in the total income distribution should increase”

Simon Kuznets (1901–1985) economist

Source: "Economic growth and income inequality," 1955, p. 7 as cited in: Anthony Barnes Atkinson, François Bourguignon, Handbook of Income Distribution, Vol. 1. Elsevier, 2000 p. 799

Country

“Friendship lives on its income, love devours its capital.”

Arsène Houssaye (1814–1896) French writer

Source: James O'Donnell Bennett (1908) When Good Fellows Get Together, p. 147

Love , Friendship

“The next most pressing problem was the better ordering of the finances of the Nation. Our Government was costing almost more than it was worth. It had more people on the pay roll than were necessary, all of which made expenses too much and taxes too high. This inflated condition contributed to the depression which began in 1920. But the Government expenditures have been almost cut in two, taxes have been twice reduced, and the incoming Congress will provide further reductions. Deflation has run its course and an era of business activity and general prosperity, exceeding anything ever before experienced in this country and fairly well distributed among all our people, is already at hand.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Toleration and Liberalism (1925)

People , Business , Problem , Country

“The distribution of wealth is one of today’s most widely discussed and controversial issues. But what do we really know about its evolution over the long term? Do the dynamics of private capital accumulation inevitably lead to the concentration of wealth in ever fewer hands, as Karl Marx believed in the nineteenth century? Or do the balancing forces of growth, competition, and technological progress lead in later stages of development to reduced inequality and greater harmony among the classes, as Simon Kuznets thought in the twentieth century? What do we really know about how wealth and income have evolved since the eighteenth century, and what lessons can we derive from that knowledge for the century now under way?”

Thomas Piketty book Capital in the Twenty-First Century

Source: Capital in the Twenty-First Century (2013), p. 1 Introduction: Lead paragraph; Quoted in From the Introduction to Capital in the Twenty-First Century, by Thomas Piketty http://www.hup.harvard.edu/features/capital-in-the-twenty-first-century-introduction.html, at hup.harvard.edu, 2014.

Way , Knowledge , Wealth

“Through violence, you may 'solve' one problem, but you sow the seeds for another.
…
One has to try to develop one's inner feelings, which can be done simply by training one's mind. This is a priceless human asset and one you don't have to pay income tax on!
…
First one must change. I first watch myself, check myself, then expect changes from others.
…
Love and compassion are necessities, not luxuries. Without them, humanity cannot survive.
…
I myself feel, and also tell other Buddhists that the question of Nirvana will come later.
There is not much hurry.
If in day to day life you lead a good life, honesty, with love,
with compassion, with less selfishness,
then automatically it will lead to Nirvana.
…
The universe that we inhabit and our shared perception of it are the results of a common karma. Likewise, the places that we will experience in future rebirths will be the outcome of the karma that we share with the other beings living there. The actions of each of us, human or nonhuman, have contributed to the world in which we live. We all have a common responsibility for our world and are connected with everything in it.
…
If the love within your mind is lost and you see other beings as enemies, then no matter how much knowledge or education or material comfort you have, only suffering and confusion will ensue.
…
It is under the greatest adversity that there exists the greatest potential for doing good, both for oneself and others.
…
Whenever Buddhism has taken root in a new land, there has been a certain variation in the style in which it is observed. The Buddha himself taught differently according to the place, the occasion and the situation of those who were listening to him.
…
Samsara - our conditioned existence in the perpetual cycle of habitual tendencies and nirvana - genuine freedom from such an existence- are nothing but different manifestations of a basic continuum. So this continuity of consciousness us always present. This is the meaning of tantra.
…
According to Buddhist practice, there are three stages or steps. The initial stage is to reduce attachment towards life.
The second stage is the elimination of desire and attachment to this samsara. Then in the third stage, self-cherishing is eliminated.
…
The creatures that inhabit this earth-be they human beings or animals-are here to contribute, each in its own particular way, to the beauty and prosperity of the world.
…
To develop genuine devotion, you must know the meaning of teachings. The main emphasis in Buddhism is to transform the mind, and this transformation depends upon meditation. in order to meditate correctly, you must have knowledge.
…
Anything that contradicts experience and logic should be abandoned.
…
The ultimate authority must always rest with the individual's own reason and critical analysis.
…
From one point of view we can say that we have human bodies and are practicing the Buddha's teachings and are thus much better than insects. But we can also say that insects are innocent and free from guile, where as we often lie and misrepresent ourselves in devious ways in order to achieve our ends or better ourselves. From this perspective, we are much worse than insects.
…
When the days become longer and there is more sunshine, the grass becomes fresh and, consequently, we feel very happy. On the other hand, in autumn, one leaf falls down and another leaf falls down. The beautiful plants become as if dead and we do not feel very happy. Why? I think it is because deep down our human nature likes construction, and does not like destruction. Naturally, every action which is destructive is against human nature. Constructiveness is the human way. Therefore, I think that in terms of basic human feeling, violence is not good. Non-violence is the only way.
…
We humans have existed in our present form for about a hundred thousand years. I believe that if during this time the human mind had been primarily controlled by anger and hatred, our overall population would have decreased. But today, despite all our wars, we find that the human population is greater than ever. This clearly indicates to me that love and compassion predominate in the world. And this is why unpleasant events are "news"; compassionate activities are so much a part of daily life that they are taken for granted and, therefore, largely ignored.
…
The fundamental philosophical principle of Buddhism is that all our suffering comes about as a result of an undisciplined mind, and this untamed mind itself comes about because of ignorance and negative emotions. For the Buddhist practitioner then, regardless of whether he or she follows the approach of the Fundamental Vehicle, Mahayana or Vajrayana, negative emotions are always the true enemy, a factor that has to be overcome and eliminated. And it is only by applying methods for training the mind that these negative emotions can be dispelled and eliminated. This is why in Buddhist writings and teachings we find such an extensive explanation of the mind and its different processes and functions. Since these negative emotions are states of mind, the method or technique for overcoming them must be developed from within. There is no alternative. They cannot be removed by some external technique, like a surgical operation."”

Tenzin Gyatso (1935) spiritual leader of Tibet

Dzogchen: The Heart Essence of the Great Perfection, Snow Lion Publications, Ithaca, 2004

Love , Life , War , Lie

“Liberty is not about class war, income war, race war, national war, a war between the sexes, or any other conflict apart from the core conflict between individuals and those who would seek power and control over the human spirit. Liberty is the dream that we can all work together, in ways of our choosing and of our own human volition, to realize a better life.”

Jeffrey Tucker (1963) American writer

Life , War , Dreams , Sex

“The idea of comparative advantage—with its implication that trade between two nations normally raises the real incomes of both—is, like evolution via natural selection, a concept that seems simple and compelling to those who understand it. Yet anyone who becomes involved in discussions of international trade beyond the narrow circle of academic economists quickly realizes that it must be, in some sense, a very difficult concept indeed.”

Paul Krugman (1953) American economist

"Ricardo's Difficult Idea," in G. Cook (ed.), Freedom and Trade: The Economics and Politics of International Trade, Volume 2 (1998)

Idea , Understanding , Nature , Sense

“The fact of it is that all of us agreed to save 6d. in the Income Tax by breaking up the Army in peace-time and not having it prepared when war broke out…I will never be a party to it again.”

Ernest Bevin (1881–1951) British labour leader, politician, and statesman

Hansard, House of Commons, 5th series, vol. 376, col. 1336.
Speech in the House of Commons, 4 December 1941.

War , Peace , Time

“[Gary] Hart was clearly the most attractive candidate, the only one with even a remote chance of beating Ronald Reagan, so naturally the Democrats selected: Walter Mondale. When Mondale accepted the nomination, he wooed the voter by informing them…that if they elected him as president, his first move would be to jack up their income taxes. Walter you sweet talker!”

Dave Barry (1947) American writer

Nonfiction, Dave Barry Hits Below the Beltway (2001)

Nature , Chance

“There is nothing wrong with wanting pay for work, or seeking to maximize one's income, as long as one does not use means that are destructive. But the means customary in the field of software today are based on destruction.”

Richard Stallman (1953) American software freedom activist, short story writer and computer programmer, founder of the GNU project

1980s, GNU Manifesto (1985)

“People from all sectors of society, including business, government and community must all work together to reduce poverty at its source, by ensuring that all have access to fairly paid work, to decent public services, and to income support in times of need.”

Andrew Hutchison (1938) Canadian bishops

The Globe and Mail, March 29, 2006.

People , Communication , Business , Support

“Now, everything Marx did was intentionally anti-Christian. If the Bible is for it, he's against it. See, the Bible makes private property a real serious issue. Ownership of private property is critical. You can't have freedom without property rights. What good does it do to say that you have all kinds of freedom if there's no place to exercise your freedom? […] You could not possibly lose your property permanently in the Biblical system. Since every man has his own vine and his own fig tree, drink waters out of your own cistern, waters out of your own well. Private property is essential. […] Karl Marx developed the idea of a graduated income tax. The more you make, the more they take. That's Karl Marx's idea. He's said, "You need to abolish rights of inheritance." The Bible says a good man leaveth an inheritance to his children's children. Karl Marx was against that. Confiscate property rights. Evolution is a foundation of Communist philosophy behind the money powers. Karl Marx said, "We need a central bank." This was a Communist idea. The banking system we're using today in America, the Federal Reserve, is a direct result of Karl Marx's thinking. There is nothing Federal about it. It's private bankers that run our currency. The Bible says, "The love of money is the root of all evil". All evil.”

Kent Hovind (1953) American young Earth creationist

Creation seminars (2003-2005), The dangers of evolution

Love , Money , Children , Exercises

“Theory is a dirty word in some managerial quarters. That is rather curious, because all of us, managers especially, can no more get along without theories than libraries can get along without catalogs — and for the same reason: theories help us make sense of incoming information.”

Henry Mintzberg (1939) Canadian busines theorist

Source: Managers Not MBAs (2005), p. 249

Sense , Help

“Eliminate all forms of monopolistic market power, to include the breakup of large oligopolistic corporations and application of anti-trust laws to labor unions. A Federal incorporation law could be used to limit corporation size and where technology required giant firms for reasons of low cost production the Federal government should own and operate them… Promote economic stability by reform of the monetary system and establishment of stable rules for monetary policy… Reform the tax system and promote equity through income tax… Abolish all tariffs… Limit waste by restricting advertising and other wasteful merchandising practices.”

Henry Calvert Simons (1899–1946) American economist

A Positive Program for Laissez Faire, (1934)

Law

“This branch of economics has suffered from several intellectual mistakes. The major mistake has been the presumption that standard economic theory is inadequate for understanding low income countries and that a separate economic theory is needed. Models developed for this purpose were widely acclaimed until it became evident that they were at best intellectual curiosities.”

Theodore Schultz (1902–1998) American economist

"The Economics of Being Poor," (1979)

Understanding , Suffering , Country

“Thanks to the doctrine of national environment which Owen was the first to preach — Knowledge is greater; Life is longer; Health is surer; Disease is limited; Towns are sweeter; Hours of labour are shorter; Men are stronger; Women are fairer; Children are happier; Industry is held in more honour, and is better rewarded; Co-operation carries wholesome food and increased income into a million homes where they were unknown before, and has brought us nearer and nearer to that state of society which Owen strove to create — in which it shall be impossible for men to be depraved or poor.”

George Holyoake (1817–1906) British secularist, co-operator, and newspaper editor

Memorial dedication (1902)

Life , Women , Men , Children

“It began to worry me that I could never possibly settle in England now, not after Tokyo nude-shows and sliced green chillies, brown children sluicing at the road-pump, the air-conditioned hum in bedrooms big as ballrooms, negligible income-tax, curry tiffins, being the big man in the big car, the bars of all the airports of Africa and the East.”

Anthony Burgess (1917–1993) English writer

Fiction, The Right to an Answer (1960)

Children , Cars

“I am trying to put the distributional question and the study of long-run trends back at the heart of economic analysis. In that sense, I am pursuing a tradition which was pioneered by the economists of the 19th century, including David Ricardo and Karl Marx. One key difference is that I have a lot more historical data. With the help of Tony Atkinson, Emmanuel Saez, Facundo Alvaredo, Gilles Postel-Vinay, Jean-Laurent Rosenthal, Gabriel Zucman and many other scholars, we have been able to collect a unique set of data covering three centuries and over 20 countries. This is by far the most extensive database available in regard to the historical evolution of income and wealth. This book proposes an interpretative synthesis based upon this collective data collection project.”

Thomas Piketty (1971) French economist

Eduardo Porter, " Q&A: Thomas Piketty on the Wealth Divide http://economix.blogs.nytimes.com/2014/03/11/qa-thomas-piketty-on-the-wealth-divide/?_php=true&_type=blogs&_r=0," economix.blogs.nytimes.com, March 11, 2014.
In answer of the question: "Your book fits oddly into the canon of contemporary economics. It focuses not on growth and its determinants, but on how the spoils of growth are divided. In that sense, it reminds us of similar concerns in a book of similar title written 150 years ago: Karl Marx’s “Capital.” What parallels would you draw between the two?"

Books , Question , Sense , Study

“The life cycle of family size, at least in the U. S., has a very humped shape rather similar to that of income, though with a somewhat earlier peak. As a result, one might expect, and generally finds a fairly constant rate of saving in the central age group, but lower saving or even dissaving in the very young or old.”

Franco Modigliani (1918–2003) Italian-American economist

Franco Modigliani, " Life Cycle, Individual Thrift and the Wealth of Nations http://piketty.pse.ens.fr/fichiers/enseig/ecoineg/EcoIneg_fichiers/ModiglianiNobelLecture1985(AER1986).pdf" Lecture to the memory of Alfred Nobel, December 9, 1985, in: Nobel Lectures, Economics 1981-1990, Editor Karl-Göran Mäler, World Scientific Publishing Co., Singapore, 1992.

Life , Age , Family

“Any man who spends his income, whether large or small, benefits the community by putting money in circulation.”

Arthur Kekewich (1832–1907) British judge

In re Nottage (1895), L. R. 2 C. D. [1895], p. 653.

Money , Communication

“First of all, the art of living; then as my ideal profession, poetry and philosophy, and as my real profession, plastic arts; in the last resort, for lack of income, illustrations.”

Paul Klee (1879–1940) German Swiss painter

Quote of Klee (Munich, c. 1910); as cited by Gualtieri Di San Lazzaro, Klee, Praeger, New York, 1957, p. 16
Klee was married, had a young son then and did the housework, living in an suburb of Munich
1903 - 1910

Art

“If there is any law governing the distribution of income between classes, it still remains to be discovered.”

Joan Robinson book An Essay on Marxian Economics

Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter IV, The Long-Period Theory Of Employment, p. 34

Law

“How is it that the average CEO in Japan receives an annual income of $300,000 while the average CEO in the United States earns $2.8 million?”

Andrew Zimbalist (1947) American economist

Source: Baseball And Billions - Updated edition - (1992), Chapter 4, Player Performance And Salaries, p. 78.

“You can't have a government like this without an income tax, but we don't want a government like this. This is not the type of government that was designed by the founders of the country. This is not what was written in the Constitution. We've only had an income tax since 1913. But if you want a welfare state, and if you want to police the world and pay for the defense of Japan and Germany, give foreign aid to the Soviet Union. You not only need the income tax you need the Federal Reserve to print up the money when the deficit is accumulated. So we think that government should be smaller. If government is small, then you don't need the income tax.”

Ron Paul (1935) American politician and physician

https://www.youtube.com/watch?v=anmlPvmd1Ew
1980s

Money , World , Thinking , Country

“The very fact that after a while, an increasing proportion of the urban population was "native," i. e., born in cities rather than in the rural areas, and hence more able to take advantage of the possibilities of city life in preparation for the economic struggle, meant a better chance for organization and adaptation, a better basis for securing greater income shares than was possible for the newly "immigrant" population coming from the countryside or from abroad”

Simon Kuznets (1901–1985) economist

Source: "Economic growth and income inequality," 1955, p. 17

Life , Chance

“We know that most of the wealth and income of the country is owned by a few large corporations, that these corporations in turn are owned by an infinitesimally small number of people and that the profits from the operation of these corporations go to a very small group with the result that the new opportunities for new enterprise, whether corporate or individual, are constantly being restricted. The committee therefore recommends the vigorous and vigilant enforcement of the antitrust laws, confident that an awakening business conscience will realize the necessity of complete cooperation in the elimination of monopolistic practice.”

Neil Fligstein (1951) American sociologist

Source: The transformation of corporate control, 1993, p. 166

People , Law , Confidence , Business

“One writer quite cutely remarks that his best work of fiction was his Income Tax Return.”

Peter de Noronha (1897–1970) Indian businessman

The Pageant of Life (1964), On Writers

“Some of these quantities refer directly to a point of time. That is true of "capital value" as also of such quantities as demand and supply prices. Other terms – as e. g. "income", "revenue", "return", "expenses", "savings", "investments" – imply, however, a time period for which they are reckoned. But in order to be unambiguous they must also refer to a point of time at which they are calculated.”

Gunnar Myrdal (1898–1987) Swedish economist

Source: Monetary Equilibrium (1939), p. 46-7

Time

“There are men who cry out, 'We must sacrifice'. Well, let us rather ask them: Who will they sacrifice? Are they going to sacrifice the children who seek the learning, or the sick who need medical care, or the families who dwell in squalor now brightened by the hope of home? Will they sacrifice opportunity for the distressed, the beauty of our land, the hope of our poor? Time may require further sacrifices. And if it does, then we will make them. But we will not heed those who wring it from the hopes of the unfortunate here in a land of plenty. I believe that we can continue the Great Society while we fight in Vietnam. But if there are some who do not believe this, then, in the name of justice, let them call for the contribution of those who live in the fullness of our blessing, rather than try to strip it from the hands of those that are most in need. And let no one think that the unfortunate and the oppressed of this land sit stifled and alone in their hope tonight. Hundreds of their servants and their protectors sit before me tonight here in this great chamber. The Great Society leads us along three roads—growth and justice and liberation. First is growth—the national prosperity which supports the well-being of our people and which provides the tools of our progress. I can report to you tonight what you have seen for yourselves already—in every city and countryside. This nation is flourishing. Workers are making more money than ever—with after-tax income in the past five years up 33 percent; in the last year alone, up 8 percent. More people are working than ever before in our history—an increase last year of two and a half million jobs. Corporations have greater after-tax earnings than ever in history. For the past five years those earnings have been up over 65 percent, and last year alone they had a rise of 20 percent. Average farm income is higher than ever. Over the past five years it is up 40 percent, and over the past year it is up 22 percent alone.”

Lyndon B. Johnson (1908–1973) American politician, 36th president of the United States (in office from 1963 to 1969)

1960s, State of the Union Address (1966)

Men , Money , Children , People

“The theory of the IRS is rather repugnant to me because the assumption is made that I, the government, owns 100% of your income and I permit you to keep 5%, 10% or 20%. You're vulnerable, you've sold out. The government can take 80% if they want, which they did at one time.”

Ron Paul (1935) American politician and physician

Candidates@Google interview, July 13, 2007 http://www.youtube.com/watch?v=yCM_wQy4YVg
2000s, 2006-2009

Time

“Micro-finance is a wonderful opportunity for businesses. By investing a small portion of their income in micro-finance projects, they not only take an active part in business ethics, but they also gain future business partners and consumers.”

Begum Aga Khan (1963) German philanthropist

International Business and Leadership Symposium address

Business , Future , Parting

“The dialogue consists almost entirely of terse screams: Watch it! Incoming! Move! Look out! Fire! Move! The only characters I remember having four sentences in a row are the anchors on cable news. … Young men: If you attend this crap with friends who admire it, tactfully inform them they are idiots. Young women: If your date likes this movie, tell him you've been thinking it over, and you think you should consider spending some time apart.”

Roger Ebert (1942–2013) American film critic, author, journalist, and TV presenter

Review http://www.rogerebert.com/reviews/battle-los-angeles-2011 of Battle: Los Angeles (9 March 2011)
Reviews, Half-star reviews

Women , Men , Thinking , Time

“Thirty or forty proprietors, with incomes answering to between one thousand and five thousand a year, would create a much more effectual demand for the necessaries, conveniences, and luxuries of life, than a single proprietor possessing a hundred thousand a year.”

Thomas Robert Malthus Principles of Political Economy

Book II, Chapter I, On the Progress of Wealth, Section VII, p. 374
Principles of Political Economy (Second Edition 1836)

Life

“What is scarce is money. The lack of money to spend on goods is what keeps the unemployed resources from producing more goods. Work, moreover, instead of being a curse, is desired more than anything else because the alternative is not enjoyment of leisure but the suffering of unemployment and deprivation. Of course, if people could get income without they would not object too much (although their self-respect in feeling they are useful members in society who are earning their income is too easily underestimated). But it is only by finding work they can obtain the necessary income they need.”

Abba Lerner (1903–1982) American economist

On the causes of unemployment (1951, pg.147-48) http://papers.ssrn.com/sol3/papers.cfm?abstract_id=174849

Money , People , Feeling , Suffering

“Correctly anticipating the rapid growth of living standards, moreover, Keynes predicted that within a century people's material wants would be satiated, and so per capita consumption would stop growing. People would work less, but only because their need for income, and more important their desire for it, was less. And then the challenge to society would be the management of unprecedented voluntary leisure. This was a popular 1930s theme--think of Huxley's Brave New World--but it underestimated the ability of business to create new wants, and new goods and services to fulfill them.”

Richard A. Posner (1939) United States federal judge

How I Became a Keynesian (2009)

People , World , Business , Thinking

“I share in their outrage and the outrage is that we don’t have a system that has a level playing field. That the government picks winners and losers and in the case of Wall Street what absolutely outrages me is the fact that these people that made such incredibly bad decisions, and I’m believing that these decisions were not necessarily criminal or I think they would have been prosecuted, but that they were just horrible decisions. That they should have been rewarded with failure. Meaning they should have lost all of their money. But they didn’t loose all of their money did they? We bailed them out at the tune of a trillion bucks. You and I. You and I bailed them out. They continue to receive their bonuses and that is … that is the outrage and I share in that outrage… Government should be a level playing field where all of us have the same advantages and the same threats if you will. Implementing the Fair Tax for example throws out the entire Federal tax system. No income tax, no IRS, no business tax, no corporate tax and isn’t the fact that some people pay tax and others don’t isn’t it it the fact that some corporations pay tax and others don’t that has us outraged. It’s just not fair. Let’s implement something that totally fair and in fact is a system where you make the more you consume the more Fair Tax you’ll pay. In a Fair Tax environment you’ll be incentivised to save money.”

Gary Johnson (1953) American politician, businessman, and 29th Governor of New Mexico

Statement made to representatives of the Pagan Newswire Collective (PNC)
2011-10-16
http://www.patheos.com/blogs/paganswithdisabilities/2011/10/full-transcript-of-qa-with-presidential-candidate-gary-johnson/
2012-02-24
Economic Policy

Money , People , Failure , Business

“Indeed, one might surmise that it is health and longevity rather than income that give the biggest boost to reported life satisfaction”

Jeffrey D. Sachs (1954) American economist

The Price of Civilization: Reawakening American Virtue and Prosperity" The Price of Civilization, 2011
Context: Though the United States is one of the world’s richest economies by per capita income, it ranks only around seventeenth in reported life satisfaction. It is superseded not only by the likely candidates of Finland, Norway, and Sweden, which all rank above the United States but also by less likely candidates such as Costa Rica and the Dominican Republic. Indeed, one might surmise that it is health and longevity rather than income that give the biggest boost to reported life satisfaction. Since good health and longevity can be achieved at per capita income levels well below those of the United States, so too can life satisfaction. One marketing expert put it this way, with only slight exaggeration: Basic Survival goods are cheap, whereas narcissistic self-stimulation and social-display products are expensive. Living doesn’t cost much, but showing off does.

Life , Health

“Sexist and racist economic policies in the United States such as a lack of educational opportunity for poor families and a lack of sustainable income from many jobs contribute to women’s and girls’ entry into prostitution.”

Melissa Farley (1942) American psychologist

Prostitution, Trafficking, and Cultural Amnesia (2006)
Context: Sexist and racist economic policies in the United States such as a lack of educational opportunity for poor families and a lack of sustainable income from many jobs contribute to women’s and girls’ entry into prostitution. The economic and legal vulnerability of undocumented immigrant women in the United States is exploited in prostitution/pornography.

Women , Education , Family , Girl

“Each sensory system first analyzes and deconstructs, then restructures the raw, incoming information to its own built-in connections and rules—shades of Immanuel Kant.”

Eric R. Kandel (1929) American neuropsychiatrist

In Search of Memory (2006)

“Workers… rather have used their increased efficiencies and resulting increased disposable income to purchase more material goods. …Indeed, in a cruel irony, the workweek has actually lengthened. …More work is required to pay for more consumption, fueled by more production, in an endless, vicious circle.”

Alan Lightman (1948) Physicist, science writer, essayist, novelist

A Sense of the Mysterious : Science and the Human Spirit (2005), p. 200
Context: In the 1950s, academics forecast that as a result of new technology, by the year 2000 we could have a twenty-hour workweek. Such a development would be a beautiful example of technology at the service of the human being.... According to the Bureau of Statistics, the goods and services produced per hour of work in the United States has indeed more than doubled since 1950.... However, instead of reducing the workweek, the increased efficiencies and productivities have gone into increasing the salaries of workers.... Workers... rather have used their increased efficiencies and resulting increased disposable income to purchase more material goods.... Indeed, in a cruel irony, the workweek has actually lengthened.... More work is required to pay for more consumption, fueled by more production, in an endless, vicious circle.

“Finally, I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government. And that’s close to 40% of our national income.”

Milton Friedman (1912–2006) American economist, statistician, and writer

Fox News interview (May 2004)
Context: There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost. Then, I can spend somebody else’s money on myself. And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch! Finally, I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government. And that’s close to 40% of our national income.

Money

“A social order in which the maximum legal income is not more than tenfold the minimum”

Kirby Page (1890–1957) American clergyman

Property (1935)
Context: A social order in which the maximum legal income is not more than tenfold the minimum... and in which competition for private profit has been eliminated, and in which social motivations are more dominant, is certain to be a more harmonious community than can ever be created by economic individualism.

“One of the most significant results of the industrial struggle during the past fifty years has been the creation of a condition of a vast inequality of wealth and income.”

Kirby Page (1890–1957) American clergyman

"The Commercial Motive" ibid.
Context: One of the most significant results of the industrial struggle during the past fifty years has been the creation of a condition of a vast inequality of wealth and income. This inequality is so extreme that it now constitutes one of the chief sources of bitterness and strife in modern life.... not that the poor have been getting poorer but that the number and sizes of great fortunes have increased enormously.

Past , Wealth

“What we need is a concept of "gross national cost." Life is a balance sheet, not simply economic growth. It is income and outgo. And until we know what the cost of growth is we will continue to operate under an illusion.”

Charles A. Reich (1928–2019) American lawyer

The Liberals' Mistake (1987)
Context: What we need is a concept of "gross national cost." Life is a balance sheet, not simply economic growth. It is income and outgo. And until we know what the cost of growth is we will continue to operate under an illusion. As long as we consider only the growth of goods and ignore the growth of personal and community well-being, we will be impoverished by growth. That is what is happening in our society today.

Life

“Do not let any calamity-howling executive with an income of $1,000 a day, who has been turning his employees over to the Government relief rolls in order to preserve his company's undistributed reserves, tell you – using his stockholders’ money to pay the postage for his personal opinions — tell you that a wage of $11.00 a week is going to have a disastrous effect on all American industry.”

Franklin D. Roosevelt (1882–1945) 32nd President of the United States

1930s, Fireside Chat in the night before signing the Fair Labor Standards (1938)
Context: Do not let any calamity-howling executive with an income of $1,000 a day, who has been turning his employees over to the Government relief rolls in order to preserve his company's undistributed reserves, tell you – using his stockholders’ money to pay the postage for his personal opinions — tell you that a wage of $11.00 a week is going to have a disastrous effect on all American industry. Fortunately for business as a whole, and therefore for the Nation, that type of executive is a rarity with whom most business executives heartily disagree.

Money , Personality

“Its cardinal assumption is that neither the writer nor the reader is in a hurry, that both are possessed of a classical education and a private income. It is Ciceronian English.”

Cyril Connolly book Enemies of Promise

Source: Enemies of Promise (1938), Part 1: Predicament, Ch. 3: The Challenge to the Mandarins (p. 17-18)
Context: The Mandarin style at its best yields the richest and most complete expression of the English language. It is the diction of Donne, Browne, Addison, Johnson, Gibbon, de Quincey, Landor, Carlyle and Ruskin as opposed to that of Bunyan, Dryden, Locke, Defoe, Cowper, Cobbett, Hazlitt, Southey and Newman. It is characterized by long sentences with many dependent clauses, by the use of the subjunctive and conditional, by exclamations and interjections, quotations, allusions, metaphors, long images, Latin terminology, subtlety and conceits. Its cardinal assumption is that neither the writer nor the reader is in a hurry, that both are possessed of a classical education and a private income. It is Ciceronian English.

Education

“There are mountainous obstacles still separating Negroes from a normal existence. Yet one element in stabilizing his life would be an understanding of and easy access to the means to develop a family related in size to his community environment and to the income potential he can command.”

Martin Luther King, Jr. (1929–1968) American clergyman, activist, and leader in the American Civil Rights Movement

1960s, Family Planning - A Special and Urgent Concern (1966)
Context: For the Negro, therefore, intelligent guides of family planning are a profoundly important ingredient in his quest for security and a decent life. There are mountainous obstacles still separating Negroes from a normal existence. Yet one element in stabilizing his life would be an understanding of and easy access to the means to develop a family related in size to his community environment and to the income potential he can command. This is not to suggest that the Negro will solve all his problems through Planned Parenthood. His problems are far more complex, encompassing economic security, education, freedom from discrimination, decent housing and access to culture. Yet if family planning is sensible it can facilitate or at least not be an obstacle to the solution of the many profound problems that plague him.

Life , Family , Mountain , Communication

“Located in a low-income Philadelphia neighborhood, the Patch Adams free clinic will provide community-based health care that is genuinely non-profit, preventive, humane and fun.”

Paul Glover (1947) Community organizer in Philadelphia, Pennsylvania; American politician

http://www.paulglover.org/patchadams.html (Patch Adams free clinic manifesto), June 2010
Context: “Located in a low-income Philadelphia neighborhood, the Patch Adams free clinic will provide community-based health care that is genuinely non-profit, preventive, humane and fun. It is a refuge for doctors and nurses who want time to heal patients. It is a refuge for patients who want to be treated with dignity.”

Health , Communication

“The 400 of us pay a lower part of our income in taxes than our receptionists do, or our cleaning ladies, for that matter.”

Warren Buffett (1930) American business magnate, investor, and philanthropist

Speaking at a political fundraiser for Hillary Rodham Clinton in New York, as quoted in Henry Goldman, "Buffett, at Clinton Fund-Raiser, Says Congress Favors the Rich" in Bloomberg (27 June 2007) http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aks_E_vUEip8
Context: The 400 of us pay a lower part of our income in taxes than our receptionists do, or our cleaning ladies, for that matter. If you're in the luckiest 1 percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.

Parting

“Approximately, three billion people of the world live on less than 2.5 dollars a day, and over a billion people live without having even one sufficient meal on a daily basis. Forty-percent of the poorest world populations only share five percent of the global income, while twenty percent of the richest people share seventy-five percent of the total global income. More than twenty thousand innocent and destitute children die every day in the world because of poverty. What is the justification for the presence of hundreds of US military and intelligence bases in different parts of the world...? An assembly of people in contradiction with the inner human instincts and disposition who also have no faith in God and in the path of the divine prophets, replace their lust for power and materialistic ends with heavenly values. To them, only power and wealth prevail, and every attempt must bring into focus these sinister goals...”

Mahmoud Ahmadinejad (1956) 6th President of the Islamic Republic of Iran

Ahmadinejad United Nations Speech: Full Text Transcript, https://www.ibtimes.com/ahmadinejad-united-nations-speech-full-text-transcript-317114 International Business Times, 22 Oct 2011
2011

God , Faith , Wealth , Intelligence

“The masses now took prosperity for granted. ... The country simply did not realize that we were living beyond our income, and would have to pay for it sooner or later.”

Harold Macmillan (1894–1986) British politician

Letter to Nigel Nicolson (26 June 1957), quoted in Alistair Horne, Harold Macmillan, Volume II: 1957–1986 (London: Macmillan, 1989), p. 64
Prime Minister

Country

“The problem is easy to state: developing countries borrow too much—or are lent too much—and in ways that force them to bear most or all of the risk of subsequent increases in interest rates, fluctuations in the exchange rate, or decreases in income. Given this, it is not surprising that they often cannot repay what is owed.”

Joseph E. Stiglitz book Making Globalization Work

§8
Making globalization work (2006)

Way , Problem , Country

“The average income of blacks here is far higher than the average income of all the people in the Soviet Union. The official government definition of the poverty line in the U. S. is higher than the average income in the Soviet Union; it’s higher than the income received by 90 percent of the people on the world’s surface. Now, that doesn’t mean blacks aren’t subject to injustice; of course they are.”

Milton Friedman (1912–2006) American economist, statistician, and writer

“Interview with Milton Friedman”, Playboy magazine (Feb. 1973)

World , People

“Laws without supporting moral conventions invite crime, but much more importantly, they spur the growth of an expedient, amoral attitude. In our kind of society - with its absence of pre-capitalist traditions - the only way to do away with training devices is to change the laws and their enforcement so that, unlike the current income tax, they do not depend upon individual integrity. Another way is to pass only laws that result from great social movements with concomitant changes in moral codes, but there is no such movement underway in any area of American society today.”

C. Wright Mills (1916–1962) American sociologist

"Diagnosis of Our Moral Uneasiness"
Power, Politics, and People (1963)

Dependency , Law , Support , Way

“Moral distrust of men in public life is an old American convention. In the current campaign, however, it has reached unprecedented heights: each of the leading candidates has felt it necessary to make public an accounting of his personal income.”

C. Wright Mills (1916–1962) American sociologist

"Diagnosis of Our Moral Uneasiness".
Power, Politics, and People (1963)

Personality , Life , Making love , Men

“Generally speaking, under capitalism, the ownership of capital is separate from the application of capital to production; money capital is separate from industrial or productive capital; the rentier, living entirely on income obtained from money capital, is separated from the entrepreneur and from all those directly concerned in the management of capital.”

Vladimir Lenin (1870–1924) Russian politician, led the October Revolution

Source: Imperialism, The Highest Stage of Capitalism (1917), Chapter Three

Money

“At a time of massive wealth and income inequality, when the three richest Americans own more wealth than 160 million Americans, it is literally beyond belief that the Republican leadership wants to provide hundreds of billions of dollars in tax breaks to the top 0.2 percent…”

Bernie Sanders (1941) American politician, senator for Vermont

Bernie Sanders Has a Plan to Tax the Rich That’s About As Radical as What Teddy Roosevelt Proposed, by John Nichols, The Nation https://www.thenation.com/article/bernie-sanders-progressive-estate-tax-teddy-roosevelt/ (12 February 2019)
2010s, 2019, February 2019

Wealth , Time

“Today, we say to our young people that we want you to get the best education that you can, regardless of the income of your family. Good jobs require a good education. That is why we are going to make public colleges and universities tuition free, and cancel all student debt…”

Bernie Sanders (1941) American politician, senator for Vermont

College for All and Cancel All Student Debt https://berniesanders.com/issues/college-for-all/ (June 2019)
2010s, 2019, June 2019

Family , People , Universe , Education

“There has been a massive transfer of wealth from the working class of this country to the top 1 percent. And at the end of the day, John—and the media doesn’t talk about it, the corporate media does not talk about it—nobody can defend three families in this country owning more wealth than the bottom half of the American people. Or that 49 percent of all new income today goes to the top 1 percent. That is indefensible. That is outrageous. That is immoral. And I think the American people understand that has got to change…”

Bernie Sanders (1941) American politician, senator for Vermont

Bernie Sanders: ‘We Have to Talk About Democratic Socialism as an Alternative to Unfettered Capitalism, The Nation, John Nichols https://www.thenation.com/article/bernie-sanders-socialism-capitalism-2020/ (12 June 2019)
2010s, 2019, June 2019

Family , Understanding , Country , Wealth

“The Republican Party understands the implications of expanded participation by low-income citizens in the political process. That is why they work so hard to prevent it. But we will defeat them, and protect voting rights everywhere.”

Bernie Sanders (1941) American politician, senator for Vermont

Twitter, https://twitter.com/BernieSanders/ (2 July 2019)
2010s, 2019, July 2019

Understanding

“The Venetians invented the income tax, statistical science, the floating of government stock, state censorship of books, anonymous denunciations (the Bocca del Leone), the gambling casino, and the Ghetto.”

Mary McCarthy (1912–1989) American writer

Source: Venice Observed (1956), Ch. 7

Science , Books

“There is the sharp and bitter division between Socialists and Communists, principally on the important question of method and tactics. In general, however, Socialists propose to bring about as rapidly as possible the social ownership of land, sources and the principle means of production, thereby abolishing the possibility of the existence of any class on an income derived not from work but from ownership. This does not necessarily mean that no man will have a home he can call his own. His right will rest on use and not on a title deed.”

Norman Thomas (1884–1968) American Presbyterian minister and socialist

"Why I Am A Socialist", Princeton Alumni Weekly, 1928. Reprinted in Timothy Patrick McCarthy and John Campbell McMillian, The Radical Reader: A Documentary History of the American Radical Tradition, The New Press, 2011.

Home , Question

“We have to persuade men and women who are themselves reasonably well off that they have a duty to forgo some of the advantages they would otherwise enjoy for the sake of others who are much poorer. We have to persuade car workers in my constituency that they have an obligation to low-paid workers in the public sector. We have to persuade the British people as a whole that they have an obligation to Africans and Asians whom they have never seen. Our only hope is to appeal to the latent idealism of all men and women of good will, irrespective of their income brackets, irrespective of their class origins. In place of the politics of envy, we must put the politics of compassion; in place of the politics of cupidity, the politics of justice; in place of the politics of opportunism, the politics of principle. Only so can we hope to succeed. Only so will success be worth having.”

Roy Jenkins (1920–2003) British politician, historian and writer

Speech in Worsley, Lancashire (11 March 1972), quoted in The Times (13 March 1972), p. 4
1970s

Justice , Success , People , Hope

“You can be assured of this. There will be no increase in the standard or other rates of income tax under the Labour Government so long as normal peacetime conditions continue.”

Hugh Gaitskell (1906–1963) British politician

Speech in Newcastle (28 September 1959) during the general election campaign, quoted in The Times (29 September 1959), p. 10
Leader of the Labour Party

“Before more months or years are spent by Ministers, by economic staffs, by industrialists and by trade unionists, in a pursuit which is as foredoomed to futility as filling a sieve or making a rope of sand, it is time to call a halt, and to declare in round and unmistakeable terms that an incomes policy, in any relevant or useful sense, does not and cannot exist—except perhaps in a communist dictatorship.”

Enoch Powell (1912–1998) British politician

Speech in Birmingham (28 November 1964), quoted in A Nation Not Afraid. The Thinking of Enoch Powell (B. T. Batsford Ltd, 1965), p. 100
1960s

Sense , Time , Making love

“The thing that people don’t understand about restaurants is that they’re one of the most political environments. You’re shoulder-to-shoulder with immigrants. You’re at one of the nexuses of income inequality. Your hourly wage is even less than the minimum wage. You’re working for tips. You’re getting sexually harassed.”

Alexandria Ocasio-Cortez (1989) American politician

Source: https://www.rollingstone.com/politics/politics-features/alexandria-ocasio-cortez-congress-interview-797214/ Alexandria Ocasio-Cortez Wants the Country to Think Big, Rolling Stone

People , Understanding

“Black folks are descendants of slaves that were imported, quote-unquote by slave owners, to the United States for the explicit purpose of cultivating crops. And it was predicated on white supremacy and racial superiority, but we have to understand that white supremacy exists for a reason, and they exist for a very specific cultural and economic reasons. And LBJ talked about this — like, if you can convince a poor white man that he’s superior to a black man, he’ll empty his pockets for you. And so it’s not just economic reasons why racism exists but there are economic reasons why racism is perpetuated and incentivized. More of that’s housing, income, et cetera. And like I said on Monday with Ta-Nehisi, until America tells the truth about itself we’re never going to heal. And this — it’s like this thing that as a culture we hide… it’s like this big wound with a big ugly scab on it, and it’s just going to stay this itchy thing that we keep going back to until we just deal with it.”

Alexandria Ocasio-Cortez (1989) American politician

Alexandria Ocasio-Cortez on her First Weeks In Washington, The Intercept https://theintercept.com/2019/01/28/alexandria-ocasio-cortez-podcast/ (28 January 2019)
Quotes (2019)

Truth , Understanding , Housing , Quotes

“The age difference between myself (29) + oldest House members is ~60yrs. For better or worse, young people will live in the world Congress leaves behind. That’s why I focus on our future: addressing climate change & runaway income inequality, ending school-to-prison pipelines, etc.”

Alexandria Ocasio-Cortez (1989) American politician

Twitter post, https://twitter.com/Ocasio2018/status/1076894689352142848 (23 December 2018)
Twitter Quotes (2018)

School , Housing , Future , People

“In the coming months the need is for the people of this country to do two things. First, to increase the national production; and, secondly, to exercise restraint in demands for increased incomes and self-control in expenditure. … I am confident that in peace just as we did in war, Britain will conquer them by determination, hard work, and by the cooperation of all.”

Clement Attlee (1883–1967) Former Prime Minister of the United Kingdom

Speech to the Chamber of Shipping of the United Kingdom at the Dorchester Hotel (13 October 1949), quoted in The Times (14 October 1949), p. 4
Prime Minister

Peace , Confidence , Country , War

“As a nation we have two tasks; the one is to provide goods and services for our home needs, the other is to pay for the food and raw materials which we must get from abroad. Before the war we were rich; we owned money and railways and so forth abroad. The income from these helped to pay for our imports; but we sold these in order to help to win the war. We have therefore borrowed large sums from Canada and the United States to tide us over while we build up again, but when this money runs out we must pay for what we want from our own resources. To do this we must devote a far larger part than ever before of the wealth we produce to pay for imports.”

Clement Attlee (1883–1967) Former Prime Minister of the United Kingdom

Broadcast (18 March 1947), quoted in The Times (19 March 1947), p. 4
Prime Minister

Money , Home , Food , War

“Broader than reform, deeper than revolution, this benign conspiracy for a new human agenda has triggered the most rapid cultural realignment in history. The great shuddering, irrevocable shift overtaking us is not a new political, religious, or philosophical system. It is a new mind — the ascendance of a startling worldview that gathers into its framework breakthrough science and insights from earliest recorded thought. The Aquarian Conspirators range across all levels of income and education, from the humblest to the highest. The Aquarian Conspirators range across all levels of income and education, from the humblest to the highest. There are schoolteachers and office workers, famous scientists, government officials and lawmakers, artists and millionaires, taxi drivers and celebrities, leaders in medicine, education, law, psychology. Some are open in their advocacy, and their names may be familiar. Others are quiet about their involvement, believing they can be more effective if they are not identified with ideas that have all too often been misunderstood.”

Marilyn Ferguson (1938–2008) American writer

The Aquarian Conspiracy (1980), Chapter One, The Conspiracy

Science , History , Law , Education

“The final and best means of strengthening demand among consumers and business is to reduce the burden on private income and the deterrents to private initiative which are imposed by our present tax system.”

John F. Kennedy (1917–1963) 35th president of the United States of America

1962, Address and Question and Answer Period at the Economic Club of New York (549)

Business

“Ten years ago the incoming Conservative Government found the national finances in good order. …. What do we find to-day? Expenditure and indebtedness have been piled up, the income-tax stands at a shilling, war taxes are continued in peace time, the national credit is impaired, and a heavy depreciation has taken place in securities of every description. You only have to look around to see the result. Industry is burdened, enterprise is restricted, workmen are thrown out of employment, and the poorer classes are straitened still further in their circumstances.”

Henry Campbell-Bannerman (1836–1908) Former Prime Minister of the United Kingdom

Election Address, quoted in The Times (8 January 1906), p. 8
Prime Minister

War , Peace , Time

“The assurance of a certain minimum income for everyone, or a sort of floor below which nobody need fall even when he is unable to provide for himself, appears not only to be a wholly legitimate protection against a risk common to all, but a necessary part of the Great Society in which the individual no longer has specific claims on the members of the particular small group into which he was born.”

Friedrich Hayek (1899–1992) Austrian and British economist and Nobel Prize for Economics laureate

Law, Legislation and Liberty, volume 3, chapter 3, p. 55 https://books.google.pt/books?id=nclLLOfnGqAC&pg=PA55 (1979)
1960s–1970s, Law, Legislation and Liberty (1973, 1976, 1979)

Appearance , Parting

“The first attempt of a democracy which includes the previously disfranchised poor is to redistribute wealth and income, and this is exactly what the black South attempted. The theory is that the wealth and the current income of the wealthy ruling class does not belong to them entirely, but is the product of the work and striving of the great millions; and that, therefore, these millions ought to have a voice in its more equitable distribution; and if this is true in modern countries, like France and England and Germany, how much more true was it in the South after the war where the poorest class represented the most extreme case of theft of labor that the world can conceive; namely, chattel slavery?”

W.E.B. Du Bois book Black Reconstruction

Source: Black Reconstruction in America (1935), p. 604

Democracy , Country , War , Wealth

“What’s wrong with empowering government? When you give government new powers and responsibilities, you are also increasing its police power. If we put government in charge of a thing — say, ensuring income equality — we are also handing it the power to police that thing nationwide, to impose penalties for breaches of its new regulations, and ultimately to coerce citizens into compliance. At the limit, we grant the state the power to take our money, imprison us, and even execute us if we violate its laws.”

Paul D. Miller (academic) American academic

Why Socialism Is Bad (2018)

Money , Penalty , Law

“Part of it, which perhaps you and most other observers are not aware, is that I have enough passive income, and enough dispassion for conventional status signaling, that my marginal utility of money is pretty low compared to my disutility for doing busywork.”

Wei Dai Cryptocurrency pioneer and computer scientist

To put it in perspective, I quit my last regular job in 2002, and stopped doing consulting for that company as well (at $100/hour) a year later when they merged with Microsoft and told me I had to do a bunch of paperwork and be hired by Microsoft's "independent consulting company" in order to continue.
In a discussion thread https://www.lesswrong.com/posts/Jter3YhFBZFYo8vtq/look-for-the-next-tech-gold-rush#ikKBYevf2aL2pBwsS on LessWrong, July 2014

Money , Parting

“Socialism was primarily concerned with fair distribution, in other words a redistribution of income; but this did not mean equal shares for all. The hard worker was still entitled to a larger slice of the national cake than the indolent; the idler should bet nothing at all.”

Kurt Schuschnigg (1897–1977) Chancellor of Austria

Source: The Brutal Takeover: The Austrian ex-Chancellor’s account of the Anschluss of Austria by Hitler, 1971, p. 46

“What set him apart from almost all the freedom fighters who held high offices in independent India was his complete freedom from material desire. He had no source of income and would not accept money from his children or from well-wishers. He had to be forced to sign an application for the freedom fighters pension of Rs 500 per month.”

Gulzarilal Nanda (1898–1998) Prime Minister of India

Rediff.com, in "Former PM Gulzarilal Nanda dead".

Money , Children , Freedom

“An important distinction exists between prospective and retrospective methods of calculating economic quantities such as incomes, savings, and investments; and… a corresponding distinction of great theoretical importance must be drawn between two alternative methods of defining these quantities. Quantities defined in terms of measurements made at the end of the period in question are referred to as ex post; quantities defined in terms of action planned at the beginning of the period in question are referred to as ex ante.”

Gunnar Myrdal (1898–1987) Swedish economist

Source: Monetary Equilibrium (1939), p. 34

Question

“Shaun: You know, when you sponsor a child like Doris here, you’ll be doing more than just putting food on her table. If every Australian gave a dollar a week to someone like Doris, that would guarantee her a weekly income of about 18 million dollars. Almost a billion dollars a year. That buys a lot in Doris’ village. Enough coconuts to stretch from here to Neptune transported in solid gold space shuttles fuelled by burning bank notes. Does seem a bit excessive doesn’t it?”

Shaun Micallef (1962) Australian actor

The Micallef P(r)ogram(me)

Food

“We got rich by violating one of the central tenets of economics: thou shall not sell off your capital and call it income.”

Kalle Lasn (1942) Estonian-Canadian film maker, author, magazine editor and activist

And yet over the past 40 years we have clear-cut the forests, fished rivers and oceans to the brink of extinction and siphoned oil from the earth as if it possessed an infinite supply. We've sold off our planet's natural capital and called it income. And now the earth, like the economy, is stripped.
Hey President Obama http://www.adbusters.org/magazine/82/obama_economics.html/. Adbusters (March 24, 2009).

“I don’t oppose all wars. What I am opposed to is a dumb war. What I am opposed to is a rash war. What I am opposed to is the cynical attempt by Richard Perle and Paul Wolfowitz and other armchair, weekend warriors in this administration to shove their own ideological agendas down our throats, irrespective of the costs in lives lost and in hardships borne. What I am opposed to is the attempt by political hacks like Karl Rove to distract us from a rise in the uninsured, a rise in the poverty rate, a drop in the median income, to distract us from corporate scandals and a stock market that has just gone through the worst month since the Great Depression. That’s what I’m opposed to. A dumb war. A rash war. A war based not on reason but on passion, not on principle but on politics.”

Karl Rove (1950) American political consultant and policy advisor

Remarks of Illinois State Sen. Barack Obama Against Going to War with Iraq (2 October 2002); referencing the positions of former Pentagon policy adviser Richard Perle, Deputy Defense Secretary Paul Wolfowitz, and chief Bush political adviser Karl Rove.

Passion , War

“This is what you shall do: Love the earth and sun and the animals, despise riches, give alms to every one that asks, stand up for the stupid and crazy, devote your income and labor to others, hate tyrants, argue not concerning God, have patience and indulgence toward the people, take off your hat to nothing known or unknown or to any man or number of men, go freely with powerful uneducated persons and with the young and with the mothers of families, read these leaves in the open air every season of every year of your life, re examine all you have been told at school or church or in any book, dismiss whatever insults your own soul, and your very flesh shall be a great poem and have the richest fluency not only in its words but in the silent lines of its lips and face and between the lashes of your eyes and in every motion and joint of your body.... The poet shall not spend his time in unneeded work. He shall know that the ground is always ready ploughed and manured.... others may not know it but he shall. He shall go directly to the creation. His trust shall master the trust of everything he touches.... and shall master all attachment.”

Walt Whitman (1819–1892) American poet, essayist and journalist

From the Preface to the 1855 edition of <i>Leaves of Grass</i>

School , Family , God , Soul

Quotes about income page 5

Quotes about income
page 5