Accounts Quote by Jim Stanford

The household has become the place where the consumption of wages takes place

— Ivan Illich

Working families spend about 90 percent of their income on consumption - buying stuff. The rich spend less than 45 percent.

— Jan Schakowsky

If we functionally define a capitalist household as one that receives at least half of the annual income it spends on consumption in the…

— Louis O. Kelso

The household became the place where the consumption of wages takes place.

— Ivan Illich

Consumption is a social relationship, the dominant relationship in our society-one that makes it harder and harder for people to hold together, to create…

— Anonymous

[A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions. ...the wealthiest 5 percent of…

— Janet Yellen

In the tradition of national income accounting, economic policymakers have typically focused on variables such as income, wealth, and consumption.

— Ben Bernanke

Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy.

— Edmund Burke

Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so…

— Adam Davidson

The government has, in all countries, a vast influence, in determining the character of the national consumption; not only because it absolutely directs the…

— Jean-Baptiste Say

As an economy measures performance in terms of the creation of money, people become a major source of inefficiency.

— David Korten

Economists use the word consume to mean "utilize economic goods," but the Shorter Oxford Dictionary's definition is more appropriate to ecologists: "To make away…

— Alan Thein Durning