All time Quote by Milton Friedman
“Everywhere, and at all times, economic progress has meant far more to the poor than to the rich.”
About This Quote
Source Book: Capitalism and Freedom, 1962
Economic progress benefits the poor more than the rich, reducing inequality.
In simple terms: Progress lifts the poor more.
Key Takeaway
Support policies that spread growth benefits.
Themes
economics
inequality
growth
poverty
policy
Mood
analytical
optimistic
Type
economic
policy
When to use this quote
- development aid
- tax reform
- education investment
- job creation
Key Concepts
Supply side economics
distributional effects
social welfare
Questions to Reflect On
- How can we ensure inclusive growth?
- What barriers prevent the poor from benefiting?
A Different Perspective
Growth may not reach all demographics equally.
![“I don't know whether we think in moving images or whether we think in still images. I have a suspicion that on our hard drive, our series within our brains, [exist] still photographs of very important moments in our lives. ... That we think in terms of still images and that what the photography is…” quote by Jon Snow](https://sms4smile.com/quotes/img-quotes/598/jon-snow-40883_all-time_i-don-t-know-whether-we-think-in-moving_15093.jpg)
