A Quote by Christina Romer

Making labor less expensive helps firms hire people. — © Christina Romer
Making labor less expensive helps firms hire people.
Health care is too expensive, so the Clinton administration is putting a high-powered coporate lawyer - Hillary - in charge of making it cheaper. (This is what I always do when I want to spend less money - hire a lawyer from Yale.) If you think health care is expensive now, wait until you see what it costs when it's free.
If we get a tax system that is competitive, we will hire people. When you hire people, you have to compete for labor. When you compete for labor, you drive wages.
After all, despite the economic advantage to firms that employed child labor, it was in the social interest, as a national policy, to abolish it - removing that advantage for all firms.
I'm an entrepreneur trying to let the American people know that it's not immigrants that are causing economic problems, it is the fact that our economy is advancing in ways that is making human labor less and less essential.
If you think it's expensive to hire a professional to do the job, wait until you hire an amateur.
Entrepreneurs are perennially short on cash, so they tend to hire less expensive and less experienced team members. Yet most founders are overworked, so they have no time and budget for coaching and training. Team members not confident in their roles lose motivation quickly.
Making anything more labor-intensive makes it more expensive.
In a moment of stress, funding may go to systemically-important firms, which could pull funding away from firms not making the cut.
In the wake of the housing debacle in California, more people are buying less expensive homes, making bigger down payments, and staying away from 'creative' and risky financing. It is amazing how fast people learn when they are not insulated from the consequences of their decisions.
Digital is expensive, from the computers to the professional software to the technicians, but digital helps me to create more beautiful images in less time.
Zoning laws making housing more expensive? That's less of a problem with a universal basic income and more of a reason to put money directly into people's hands.
Unfortunately, as you hire more people, the casual, informal 'do what it takes' culture, which worked so well at less than 40 people, becomes chaotic and less effective.
We will hire someone with less experience, less education, and less expertise, than someone who has more of those things and has a rotten attitude. Because we can train people. We can teach people how to lead. We can teach people how to provide customer service. But we can't change their DNA.
We will hire someone with less experience, less education, and less expertise than someone who has more of those things and has a rotten attitude. Because we can train people. We can teach people how to lead. We can teach people how to provide customer service. But we can't change their DNA.
I think it's sort of an outrage that companies should have to hire firms to teach the college graduates they employ how to write.
It's illegal to hire or fire anybody because of their race, appearance, or sexual orientation, but in Hollywood, ironically, it's the reason people will hire or not hire you.
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