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Michael Hudson Quotes: If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.
         

If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.


Michael Hudson
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Other quotes of Michael Hudson


We go forward with our heads held high, but look back and remember where we come from.

We go forward with our heads held high, but look back and remember where we come from.



You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.

You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.



The one sure mark of a con, though, is the promise of free money.

The one sure mark of a con, though, is the promise of free money.



What's bad for the frackers usually is good for the rest of the world.

What's bad for the frackers usually is good for the rest of the world.



Nothing could be better for the economy than to get rid of fracking.

Nothing could be better for the economy than to get rid of fracking.



Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.



Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."

Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."



Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.

Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.



We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.

We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.



To the deficit commission, a depression is the solution to the problem, not a problem.

To the deficit commission, a depression is the solution to the problem, not a problem.





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Do not let your conscience be clouded by unknown storms. Trust in the atmosphere of spirit that breathes so calmly deep within you at all times.

Do not let your conscience be clouded by unknown storms. Trust in the atmosphere of spirit that breathes so calmly deep within you at all times.



I’m going, and don’t you dare try to stop me.”I ran through the door, willing myself to make it downstairs before I started to cry.

I’m going, and don’t you dare try to stop me.”I ran through the door, willing myself to make it downstairs before I started to cry.



What comfort there is in the skin of someone you love!

What comfort there is in the skin of someone you love!



When you run the marathon, you run against the distance, not against the other runners and not against the time.

When you run the marathon, you run against the distance, not against the other runners and not against the time.



Politics is still the No. 1 sport in town and the scoreboard shows the U.S. attorney's office leading.

Politics is still the No. 1 sport in town and the scoreboard shows the U.S. attorney's office leading.



Our bodily eye findeth never an end, but is vanquished by the immensity of space.

Our bodily eye findeth never an end, but is vanquished by the immensity of space.



I am there to play tennis and represent the U.S., but I'm also aware that not everyone's going to be able to think that way.

I am there to play tennis and represent the U.S., but I'm also aware that not everyone's going to be able to think that way.



Only a rank degenerate would drive 1,500 miles across Texas without eating a chicken fried steak.

Only a rank degenerate would drive 1,500 miles across Texas without eating a chicken fried steak.



Culture is to know the best that has been said and thought in the world.

Culture is to know the best that has been said and thought in the world.



Probably the hardest thing to do was the beginning of the movie ["300"], I think, when we were in Sparta and all that - just getting in the groove.

Probably the hardest thing to do was the beginning of the movie ["300"], I think, when we were in Sparta and all that - just getting in the groove.




Quote Description


This page presents the quote "If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.". Author of this quote is Michael Hudson. This quote is about gross domestic product, saving, investment, income, way, labor, looks, proportion, savings,.