A Quote by Ildefonso Guajardo Villarreal

You cannot set salaries by decree. At the end of the day, it doesn't work with the market. What you can make sure to do is to train workers in order to make them more efficient and demand higher salaries because of their qualifications.

Ildefonso Guajardo Villarreal

Quote Topics

Because Cannot Day Decree Demand Efficient End End Of The Day Higher Make Market More Order Qualifications Salaries Set Sure The End Of The Day Them Train Work Workers

Quote Author

Ildefonso Guajardo Villarreal
Mexican - Economist
Born: April 19, 1957

Now, modern economies have a very effective mechanism for deciding if salaries are really too high: it's called the free market. That's how most people's salaries are set, after all, including those of major-league baseball players and European soccer players.

James Surowiecki

I am not a believer in large salaries. I hold that every man should be paid for personal production. Our big men at Bethlehem seldom get salaries of over one hundred dollars a week; but all of them receive bonuses computed entirely on the efficiencies and the economies registered in their departments.

Charles M. Schwab

It is certain that many intellectuals envy the higher income of prosperous businessmen and that these feelings drive them toward socialism. They believe that the authorities of a socialist commonwealth would pay them higher salaries than those that they earn under capitalism.

Ludwig von Mises

County government can be simplified greatly by reorganizing and consolidating some of the offices, making others appointive, and reducing salaries in keeping with the salaries paid by private business for the performance of similar duties.

Arthur Capper

Suppose two-thirds of the members of the national House of Representatives were dumped into the Washington garbage incinerator tomorrow, what would we lose to offset our gain of their salaries and the salaries of their parasites?

H. L. Mencken

Today the salaries of stars are astronomical in comparison with the 20's, but the high cost of today's living and taxes takes a huge bite out of these salaries.

Pola Negri

The gap between rich and poor under President Obama is getting bigger because fewer well-paying jobs are available. Corporations are being taxed to the hilt and are loathe to add more workers. Thus, salaries fall because there are more than enough applicants to fill any job vacancy.

Bill O'Reilly

When I was 22, I was thrown out of graduate school and then fired from three jobs in a row at higher and higher salaries where I saved nothing.

James Altucher

Women should have equal pay for equal work and they should be considered equally eligible to the offices of principal and superintendent, professor and president. So you must insist that qualifications, not sex, shall govern appointments and salaries.

Susan B. Anthony

From December 2007 through June 2009, average federal employee salaries increased by 6.6 percent, while average private-sector salaries increased by 3.9 percent.

Jason Chaffetz

While professional basketball, football, and baseball players make millions and their salaries represent well over 50% of the billions generated by those sports, the spoils of boxing don't often make it to the boxers.

Tahl Raz

There are absolutely lots of teachers who are trying to come into the profession, but they are not attracted enough to say, 'I'm going to switch careers to do it,' or they are often not retained... because the salaries and the compensation aren't there to make it happen.

Melinda Gates

For decades now, the Democrats have had a good gig buying the votes of government workers with outrageous salaries, benefits and work rules - and then sticking productive earners with the bill. But, now, we're out of money.

Ann Coulter

You don't hire for mediocrity. Instead, you bring people onto your team because you know that they'll make a valuable contribution and turn in amazing work. But, in order to have that expectation, you need to make sure you're fostering an environment that allows them to do so.

Kathryn Minshew

If bankers can push the loans and make more profits for the bank, they get paid higher bonuses. They often also get stock options. If the bank goes under, they get to keep all of these salaries and options - and the government will bail out the bank. These guys will take their money and run, which is pretty much what they're doing now.