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Lester Thurow Quotes: Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.
         

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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Other quotes of Lester Thurow


A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.

A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.



One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists.

One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists.



Technology and Ideology are shaking the foundations of 21st century capitalism. Technology is making skills and knowledge the only sources of sustainable strategic advantage.

Technology and Ideology are shaking the foundations of 21st century capitalism. Technology is making skills and knowledge the only sources of sustainable strategic advantage.



Without entrepreneurs, economies become poor and weak. The old will not exist, the new can't enter

Without entrepreneurs, economies become poor and weak. The old will not exist, the new can't enter



Major investment decisions have become too important to be left to the private sector.

Major investment decisions have become too important to be left to the private sector.



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.

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.



AT&T invented the cellular telephone, but saw no future in it. It takes entrepreneurs, who are angels of destruction, to take advantage of things which the inventor cannot or does not see.

AT&T invented the cellular telephone, but saw no future in it. It takes entrepreneurs, who are angels of destruction, to take advantage of things which the inventor cannot or does not see.



We've believed for 50 years that the Japanese are small Americans who wanted to be like us. They are not.

We've believed for 50 years that the Japanese are small Americans who wanted to be like us. They are not.





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The perfection of loneliness is you can do whatever you want by yourself.

The perfection of loneliness is you can do whatever you want by yourself.



I am proud. It will get me into trouble someday, but today it makes me brave

I am proud. It will get me into trouble someday, but today it makes me brave



Stupid to speak of blame when the wills of the immortals are involved.

Stupid to speak of blame when the wills of the immortals are involved.



What is difficulty? Only a word indicating the degree of strength requisite for accomplishing particular objects a mere notice of the necessity for exertion ... a mere stimulus to men.

What is difficulty? Only a word indicating the degree of strength requisite for accomplishing particular objects a mere notice of the necessity for exertion ... a mere stimulus to men.



My ultimate goal is actually to direct and develop projects. I don't want them to be big projects with a lot of special effects because that's not really what appeals to me.

My ultimate goal is actually to direct and develop projects. I don't want them to be big projects with a lot of special effects because that's not really what appeals to me.



I think there is a blossom about me of something more distinguished than the generality of mankind.

I think there is a blossom about me of something more distinguished than the generality of mankind.



I love the creative process, of getting to create your own show or your own movie, whatever it is you want to do, and have the resources to try and make that happen.

I love the creative process, of getting to create your own show or your own movie, whatever it is you want to do, and have the resources to try and make that happen.



It was being a runner that mattered, not how fast or how far I could run. The joy was in the act of running and in the journey, not in the destination.

It was being a runner that mattered, not how fast or how far I could run. The joy was in the act of running and in the journey, not in the destination.



When I was working on the music for this I didn't want to just use pop songs as the score - most movies do it and I've done it before.

When I was working on the music for this I didn't want to just use pop songs as the score - most movies do it and I've done it before.



Our priests are not what a silly populace supposes; all their learning consists in our credulity.

Our priests are not what a silly populace supposes; all their learning consists in our credulity.




Quote Description


This page presents the quote "Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.". Author of this quote is Lester Thurow. This quote is about doe, elimination, planets, imperfection,.