Quote by Edward Luce Download Open image ““The West’s median income, meanwhile, has barely shifted in the last half-century.”” — Edward Luce ★ ★ ★ ★ ★ 4.5 out of 5 (10 ratings) Copy quoteShare
“Today, the US median income is still below where it was at the beginning of this century.” — Edward Luce Copy Share Image
“The downward pressure on the incomes of the West’s middle classes in the coming years will be relentless.” — Edward Luce Copy Share Image
“But once again, there is some disappointing news, as the income of the median or typical American household is down since 2000, and unless… — Tyler Cowen Copy Share Image
“All around us we see a level of individual wealth unequaled since the early years of the 20th century.” — Tony Judt Copy Share Image
“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 Copy Share Image
“Between 1971 and 2001, while the median wage and salary income of the average worker showed literally no gain, the income of the top… — Barack Obama Copy Share Image
“From the late 19th century until the 1970s, the advanced societies of the West were all becoming less unequal. Thanks to progressive taxation, government… — Tony Judt Copy Share Image
There's no such thing as median income; there's a curve, and it really matters what side of the curve you're on. There's no such… — Marc Andreessen Copy Share Image
Today we hear that the gains from economic growth accrue to the highest-income earners while the standard of living of the poor and middle… — Kevin Hassett Copy Share Image
“those at the top of the income spectrum are among the most likely to be time-poor.” — Arianna Huffington Copy Share Image
“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 Copy Share Image
“Some countries in earlier eras achieved rising per capita incomes but, when the source of the rise had been played out, were unable to… — Edward A. Hudson Copy Share Image
“Davos has become the emblem of a global elite that has lost its ability to listen.” — Edward Luce Copy Share Image
“By any numerical measure, humanity is becoming rapidly less poor. But between half and two-thirds of people in the West have been treading water… — Edward Luce Copy Share Image
“Cowen detects conformism even in the liveliest Silicon Valley companies. Most of its denizens wear some variation on the casual hipster uniform and all… — Edward Luce Copy Share Image
“It would also require a conscious effort to look at the world from unfamiliar standpoints and admit that the West has no monopoly on… — Edward Luce Copy Share Image
“Almost half of Americans would be unable to pay a $400 medical emergency bill without going into debt.67” — Edward Luce Copy Share Image
“In the US, the more liberal a city’s politics, the higher the rate of inequality.45” — Edward Luce Copy Share Image
“With chisels and pickaxes we made our tiny contributions to this orgy of historic vandalism.” — Edward Luce Copy Share Image
“the Toil Index – the number of working hours it takes a median worker to pay the median rent in one of America’s big… — Edward Luce Copy Share Image
“Today’s equivalent is probably ‘get an engineering degree’, but it will not necessarily be as lucrative. A third of Americans who graduated in STEM… — Edward Luce Copy Share Image
“Shortly afterwards Addis Ababa launched a crackdown on its opponents that resulted in hundreds of deaths. If America’s president was in two minds about… — Edward Luce Copy Share Image
“Émile Durkheim, the father of modern sociology, said that when societies hit a civilisational break the suicide rate soars.” — Edward Luce Copy Share Image
![“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 last 30 years] without having gone through a revolution or losing a major war.” quote by Lester Thurow](https://sms4smile.com/quotes/img-quotes/590/lester-thurow-32621_war_probably-no-country-has-ever-had-as-larg_321027.jpg)
