A Quote by Janet Yellen

An important factor influencing intergenerational mobility and trends in inequality over time is economic opportunity. — © Janet Yellen
An important factor influencing intergenerational mobility and trends in inequality over time is economic opportunity.
We work harder and we earn less. Income inequality is at the highest point in over a century. While American capitalism never guaranteed success, it did guarantee opportunity, for too many, the dream of economic mobility has been replaced with a nightmare of economic stagnation.
When inequality gets too extreme, then it becomes useless for growth, and it can even become bad because it tends to lead to high perpetuation of inequality over time and low mobility.
Indias rigid social structure limits intergenerational economic mobility and fosters acceptance of vast wealth disparities.
India's rigid social structure limits intergenerational economic mobility and fosters acceptance of vast wealth disparities.
Economic mobility will fix income inequality.
We provide our citizens upward mobility through economic opportunity.
The important issue is not how much inequality there is but how much opportunity there is for individuals to get out of the bottom classes and into the top. If there is enough movement upward, people will accept the efficiency of the markets. If you have opportunity, there is a great tolerance for inequality. That has been the saving grace of the American system.
The most important single factor influencing learning is what the learner already knows. Ascertain this and teach him accordingly.
You need some inequality to grow... but extreme inequality is not only useless but can be harmful to growth because it reduces mobility and can lead to political capture of our democratic institutions.
Grave security concerns can arise as a result of demographic trends, chronic poverty, economic inequality, environmental degradation, pandemic diseases, organized crime, repressive governance and other developments no state can control alone. Arms can't address such concerns.
Equality of economic opportunity, in the context of private property, means equality of opportunity for the millions of capital-less households of today to buy, pay for, and employ in their lives the non-human factor of production, capital.
In the U.S. when people like me started writing things about inequality, the economic journals had no classification for inequality. I couldn't find where to submit my inequality papers because there was no such topic. There was welfare, there was health issues, there was trade obviously. Finance had hundreds of sub groups.
We in America were worried about many problems dealing with economic inequality and political inequality. The Communist Party seemed to be the only political force, both concerned and willing, to take action to stop the threat of fascism abroad and to work for economic and political reform in this country.
At a time when the European project is facing challenges, it's especially important to show the benefits of economic integration by continuing to invest in our people and working to reduce inequality, both within and across our countries.
The dominant economic approach of the last thirty years is now on its last legs. Letting the market rip and an indifference to inequality are now seen as important causes of the greatest economic crash since the 1930s.
There are three major issues now that are becoming important, not only for cities, but for all mankind: Mobility, sustainability - which is linked to mobility - and social diversity.
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