Illusion Quote by Sidin Vadukut

“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

One of the most ridiculous defenses of foreign aid is that it is a very small part of our national income. If the average…

— Thomas Sowell

Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by interest group pressures. The…

— Paul Krugman

Employers' national income is a particular disincentive to employ because it is an expense without benefit.

— Jacob Rees-Mogg

From 2008 to 2016 all the growth in the American economy, all the growth in national income, was earned just by the wealthiest 5%…

— Michael Hudson

Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production…

— Milton Friedman

“Once we break out of the framework of national states as unified entities with no internal divisions within them, we can see that there…

— Noam Chomsky

I can spend somebody else's money on somebody else. And if I spend somebody else's money on somebody else, I'm not concerned about how…

— Milton Friedman

Socialists will often talk as if some form of superbly equalized destitution were preferable to "maldistributed" plenty. A national income that is rapidly growing…

— Henry Hazlitt

The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary…

— Ludwig von Mises

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

— Ben Bernanke

The welfare of a nation can scarcely be inferred from a measurement of national income as defined by the GDP.

— Simon Kuznets