Quote by Edward A. Hudson

“Whereas in other countries expansion stopped when an initial advantage had been fully exploited, England moved through a succession of new products and new…

— Edward A. Hudson

“Probably no country has ever had as large a shift in the distribution of wealth [as what we've seen in the U.S. in the…

— Lester Thurow

“countries with similar growth rates of income per capita can end up with very different capital/income ratios simply because their demographic growth rates are…

— Thomas Piketty

“England achieved the breakthrough to growth. England’s growth followed from agricultural advances which increased incomes sufficiently that people started to demand more manufactured goods.”

— Edward A. Hudson

“per capita incomes scarcely changed; the new production was absorbed in supporting an increasing population. This was not economic growth. The economy expanded, it…

— Edward A. Hudson

“Indeed, the instability of families’ incomes has risen faster than the inequality of families’ incomes.”

— Jonathan Morduch

“For instance, in Sweden, Finland, and Germany, income inequality has actually grown more quickly over the past twenty to thirty years than in the…

— Erik Brynjolfsson

A prolonged and massive increase in aggregate wealth per capita has taken place over several centuries.

— Robert Gilpin

“In Europe today, the capital/income ratio has already risen to around five to six years of national income, scarcely less than the level observed…

— Thomas Piketty

“Agricultural productivity had been rising for some time, leading to increasing production of food and, as food accounted for most of the household budget,…

— Edward A. Hudson

“Economic growth took place at the product and industry level; growth was driven by demand and enabled by supply expansion.”

— Edward A. Hudson

“Growth and Income, Growth, Aggressive Growth, and International. There are plenty of other”

— Chris Hogan