How to kill Chinese dynamism
"Capitalism is an innovation machine because it provides the mechanisms needed to turn inventions into economy-boosting innovations."
"Capitalism is an innovation machine because it provides the mechanisms needed to turn inventions into economy-boosting innovations."
"If given the option, workers are historically [most] interested in seeing their take-home pay increase."
“There’s a finite number of jobs that you know about. There are more you don’t.”
“It’s not trying to come up with a truthful answer to your question, just a plausible answer."
"Find that chronic problem and then see if you can find the right technology to relieve it."
The authors analyzed a trove of geolocation data to assess where and when Americans come into contact with people of different income classes.
“There is a good chance that when things settle down, we’ll be back to a more normal equilibrium."
“It’s important to look at this as a social message that’s not about laziness but really about people wanting to have full lives ... "
"It's a bad idea for any organization to make a uniform rule across the whole organization as to what should be the design of the hybrid."
Kristin Forbes discusses her outlook for the economy and policy ahead of Federal Reserve Chair Jerome Powell's speech.