A Quote by Thomas Sowell

The left's obsession with the high incomes of corporate executives never seems to extend to equally high - or higher - incomes of professional athletes, entertainers, or best-selling authors like Danielle Steel.
In 2011, agricultural exports hit a record high and producers saw their best incomes in nearly 40 years.
The whole trouble with the Republicans is their fear of an increase in income tax, especially on higher incomes. They speak of it almost like a national calamity. I really believe if it come to a vote whether to go to war with England, France and Germany combined, or raise the rate on incomes of over $100,000, they would vote war.
Productivity gains are vital to long-term growth because they typically translate into higher incomes, in turn boosting demand. That process takes time, of course - especially if, say, the initial recipients of increased income already have a high savings rate.
It's common knowledge that professional athletes earn extraordinary incomes. What is less known or understood is how the advent of these riches has seeped into the conscious and unconscious ways in which our society now parents children.
This is an exciting time for farmers and ranchers of all types and sizes as agriculture is a bright spot in the American economy. In 2011, agricultural exports hit a record high and producers saw their best incomes in nearly 40 years.
The key reason executives are paid so much now is that they appoint the members of the corporate board that determines their compensation and control many of the perks that board members count on. So it's not the invisible hand of the market that leads to those monumental executive incomes; it's the invisible handshake in the boardroom.
People with lower incomes tend to give a greater percentage of their incomes to help others and show greater empathy and compassion - perhaps because they know they might face the same circumstances.
One market paradigm that I take exception to is: Buy low and sell high. I believe far more money is made by buying high and selling at even higher prices.
If we need more demand in the economy then protect people in work and raise the incomes of those on low incomes who need to spend, such as the low paid, pensioners and families with children.
Firms produce goods for households - that's us - and provide us with incomes, and that's even better, because we can spend those incomes on more goods and services. That's called the circular flow of the economy.
In the days when corporate downsizing was all the rage, Wall Street took a lot of flak for judging companies too harshly and setting the bar for corporate performance so high that executives felt their only option was to slash payrolls.
Sales = income. The reason so many people have low incomes is that they are poor at selling.
When incomes and bonuses decrease, revenues falter, and businesses stumble, it's more important than ever to give - not necessarily more, but in a way that matters more. When incomes are down and wallets are stretched, the effectiveness of our giving is what really counts.
There’s an economic theory out there that if you take the incomes of your five closest friends and average them, the resulting number will be pretty close to your own income. I think the same thing is true of idea incomes. You’re only going to be as good as the stuff you surround yourself with.
Whether it's the family working hard to make ends meet or the business that has to put off hiring new employees, high electricity costs weigh down on everyone - especially the elderly and those on fixed incomes.
I argue that in the long run, the US would be on a far more financially secure footing if we recalibrate how we spend about two-to-three percent of the country's GNP, using state and federal taxes to create pools of money for spending on America's poor - which would, as numerous economists have argued in recent years, create virtuous spending circles, since those on lower incomes spend more of each extra dollar in their possession than do those on higher incomes.
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