A Quote by Thomas Sowell

Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned.

Thomas Sowell

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Cold Despite Distributed Distribution Earned Fact Fervent Income Income Distribution Literature Most Often

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Thomas Sowell
American - Economist
Born: June 30, 1930

The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income.

Robert Kiyosaki

My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth.

Joseph Stiglitz

Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results.

Louis O. Kelso

If capital produces most of the economy's wealth and income is distributed on the basis of productive input, the individual can hardly reach his goal - an affluent level of income - solely by means of his labor.

Louis O. Kelso

The climate change problem is at its heart an ethical problem. It's a problem of income distribution and it's a problem of income distribution with dimensions that we don't usually think about very much.

Ross Garnaut

I don't see basic income as a panacea, but we must have a new income distribution system. The old one has broken down irretrievably.

Guy Standing

Under Obama, income growth has been confined almost entirely to those at the top of the income distribution, continuing a pattern that began under President George W. Bush.

Timothy Noah

My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.

Robert Kiyosaki

Only now are increasing numbers of political and social scientists beginning to realize that Kelso's theories provide a private-property-based alternative to the imminent passage of a government-distributed "guaranteed income" or "negative income tax."

Hazel Henderson

In the old 20th-century income distribution system, the shares of income going to capital, mainly in profits, and labor, in wages and non-wage benefits, were roughly stable. But that system is no more.

Guy Standing

Income tax in particular in the United States is concentrated on the top half of the income distribution, and very heavily skewed towards the top 10 or even top 1 percent.

Judy Woodruff

In terms of addressing some of the most impacted communities and historically excluded communities - often of color, often low income - there is this adage in specifically African American communities that on every corner in low income neighborhoods you'll find a liquor store.

Bryant Terry

If I'm owed money, but I say, 'Don't pay me, pay my cousin. Don't pay me, pay my charity,' you can do that, but then the IRS requires that you pay income tax on that. It's your income if you earned it and you directed where it went. If you exercised control over where the money went, you have to pay income tax on that.

David Fahrenthold

Cities that tend of have better schools for middle-income families, they tend to have much better prospects for kids moving up in the income distribution.

Raj Chetty

As far as income goes, there are three currencies in the world; most people ignore two. The three currencies are time, income and mobility, in descending order of importance. Most people focus exclusively on income.

Tim Ferriss

The collective income of all these people - the bottom half - is less than three percent of global household income, and so there is a grotesque maldistribution of income and wealth.

Thomas Pogge

A Quote by Thomas Sowell

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