Economics Quote by William J. Clinton
“In the emerging global economy, everything is mobile: capital, factories, even entire industries. The only resource that's really rooted in a nation--and the ultimate source of all its wealth--is its people.”
About This Quote
Source Speech: Economic Forum, 1998
In a mobile world, people are the only truly fixed asset of a nation, forming the basis of wealth.
In simple terms: People are a nation’s core wealth.
Key Takeaway
Invest in human capital.
Themes
economy
mobility
human capital
Mood
concerned
optimistic
Type
political
economic
When to use this quote
- policy making
- education planning
- immigration reform
- business strategy
Key Concepts
globalization
resource theory
Questions to Reflect On
- How can societies protect workers amid rapid change?
- What policies best nurture human talent?
A Different Perspective
People can be displaced by technology.
![“We [Democrats] have got to be strong. When we look weak in a time where people feel insecure, we lose. when people feel uncertain, they'd rather have somebody who's strong and wrong than somebody who's weak and right.” quote by William J. Clinton](https://sms4smile.com/quotes/img-quotes/4af/william-j-clinton-302_democracy_we-democrats-have-got-to-be-strong-when_62306.jpg)
