Marx's theory that only capitalists benefit from capitalism and workers are exploited was completely wrong. Nothing could have been further from the truth. Workers earned more as economies grew. — Kenneth Rogoff Copy Share Image
It's quite astonishing how much money people make in the hedge fund business and in the private equity field, and how well-off affluent families… — Kenneth Rogoff Copy Share Image
I tell my children that a man like Bill Gates has a personal fortune of $100 billion. They can't even comprehend that. Then I… — Kenneth Rogoff Copy Share Image
... far more people make a living as professional chess players today than ever before. Thanks partly to the availability of computer programs and… — Kenneth Rogoff Copy Share Image
Worrying about inflation now is like worrying about the measles when you might get the plague. — Kenneth Rogoff Copy Share Image
Unbridled capitalism in the United States can't be sustained socially. It leads to tensions. — Kenneth Rogoff Copy Share Image
There has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer,… — Kenneth Rogoff Copy Share Image
People aren't looking at how they're doing, but rather at how their neighbors are doing and at their own place in society. — Kenneth Rogoff Copy Share Image
The problem - at least in the United States - is not that people can't find jobs. The problem is that they're no longer… — Kenneth Rogoff Copy Share Image
Global markets have a much bigger effect on prices and wages in the U.S. and elsewhere than they did before. — Kenneth Rogoff Copy Share Image
Russia depends on natural resources way too much. Russian economy is not diversified enough — Kenneth Rogoff Copy Share Image
If you didn't have employers able to pay off the books and off the record safely in cash, you wouldn't have illegal immigration on… — Kenneth Rogoff Copy Share Image
