A Quote by Myron Scholes
Building a road might create temporary jobs, but does it really create wealth if it doesn't also shorten commute times or otherwise make society better off?
Related Quotes
I know how to make stuff happen, how to create wealth, create jobs, create investment.
Government does not create jobs. It only helps create the conditions that make jobs more or less likely.
However, before we make the mistake of patting ourselves on the back, let's remember: government does not create jobs. It only helps create the conditions that make jobs more or less likely. The real credit for our economic renewal belongs to the people of Alabama .
Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It's a virtuous cycle.
Business people do two things with their time fundamentally. The first is that they try to create sales, right? Revenue, key to business. But the other thing they devote their time to equally is cost containment. That is to say, how to not create jobs. Because the fewer jobs you can create for the revenue you create, the more profit you make.
My own belief is that the way we grow the economy, create jobs, create wealth is in the private sector. The government doesn't do that.
Police and firefighters are great, but they don't create wealth. They protect it. That's crucial. Teaching is a wonderful profession. Teachers help educate people to become good citizens so that citizens can then go create wealth. But they don't create the wealth themselves.
I really think that elected officials should be focused on how you create sustained economic growth, how do you create jobs and all of these issues that made people - segments of our society believe are really important are diversions politically.
Our government is ready to guarantee their investments for them, and then we will create tax incentives. We are interested in having all these things and with the privatization we also want to create more jobs and better conditions for the workers.
The Republicans are wrong in thinking that the rich create jobs. In reality, many of the richest Americans have been investing in efficiency innovations rather than to create jobs. And the Democrats are wrong, because growth won't happen if they distribute the wealth of the wealthy to everyone else.
A beautiful road does not create enough reason to make a journey on that road, because the road to Hell is often a beautiful road as well!
People that create jobs create tax payers, which benefits society as a whole.
There are remuneration packages that will no longer be tolerated because they bear no relation to merit. That those who create jobs and wealth may earn a lot of money is not shocking. But that those who contribute to destroying jobs and wealth also earn a lot of money is morally indefensible.
Since the government creates no wealth, it can only transfer the wealth required to hire people. Even if the government creates a million jobs, that is not a net increase in jobs, when the money that pays for those jobs is taken from the private sector, which loses that much ability to create private jobs.
The effort of building an ideal society always leads to violence, often to very extensive violence. Because, whether we like it or not, it is not possible to create an ideal society with imperfect people. And this, unfortunately, we are. So the main purpose for Nazism as well as for Communism was to create a 'new person'. In order to make room for it, the world needed to be rid of its non-perfect models.
Government does not create jobs, it only creates the conditions that make jobs more or less likely.
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