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Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.
Lester Thurow
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Lester Thurow
Age: 77 †
Born: 1938
Born: May 7
Died: 2016
Died: March 25
Economist
Journalist
Livingston
Montana
Lester C. Thurow
Lester Carl Thurow
Doe
Recommends
Always
Recommending
Like
Economists
Elimination
Economist
Imperfection
Market
Planets
Astrophysicist
More quotes by Lester Thurow
Technology and Ideology are shaking the foundations of 21st century capitalism. Technology is making skills and knowledge the only sources of sustainable strategic advantage.
Lester Thurow
If a group of people has no sense where they came from-it is difficult for them to have a sense where they should go.
Lester Thurow
We've believed for 50 years that the Japanese are small Americans who wanted to be like us. They are not.
Lester Thurow
Natural resources have dropped out of the competitive equation. In fact, a lack of natural resources may even be an advantage. Because the industries we are competing for - the industries of the future - are all based on brainpower.
Lester Thurow
A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.
Lester Thurow
Major investment decisions have become too important to be left to the private sector.
Lester Thurow