Business Quote by Lester Thurow

A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.

— Lester Thurow

“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

Change requires individuals who recognize that new things can be done and who take the initiative to get them done ... The existing bureaucracies,…

— Lester Thurow

Natural resources have dropped out of the competitive equation. In fact, a lack of natural resources may even be an advantage. Because the industries…

— Lester Thurow

Technology and Ideology are shaking the foundations of 21st century capitalism. Technology is making skills and knowledge the only sources of sustainable strategic advantage.

— Lester Thurow

The old foundations of success are gone ... The world's wealthiest man, Bill Gates, owns nothing tangible: no land, no gold or oil, no…

— Lester Thurow

AT&T invented the cellular telephone, but saw no future in it. It takes entrepreneurs, who are angels of destruction, to take advantage of things…

— Lester Thurow

There is nothing antithetical in American history, culture, or traditions to teamwork. Teams were important in America's history - wagon trains conquered the West,…

— Lester Thurow

“No country without a revolution or a military defeat and subsequent occupation has ever experienced such a sharp a shift in the distribution of…

— Lester Thurow

One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists…

— Lester Thurow

If a group of people has no sense where they came from-it is difficult for them to have a sense where they should go.

— Lester Thurow

Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.

— Lester Thurow