sábado, 11 de outubro de 2014

The Grumpy Economist: Why and how we care about inequality

The Grumpy Economist: Why and how we care about inequality



“Excessive
inequality is corrosive to growth; it is corrosive to society. I believe that
the economics profession and the policy
community have downplayed inequality for too long.” Christine Lagarde, International Monetary Fund managing director
Labor is prior to, and independent of, capital. HYPERLINK
"http://www.brainyquote.com/quotes/quotes/a/abrahamlin395631.html"
Capital
is only the fruit of laborHYPERLINK
"http://www.brainyquote.com/quotes/quotes/a/abrahamlin395631.html"
,
and could never have existed if labor had not first existed. Labor is the
superior of capital, and deserves much the higher considerationHYPERLINK
"http://www.brainyquote.com/quotes/quotes/a/abrahamlin395631.html"
HYPERLINK
"http://www.brainyquote.com/quotes/quotes/a/abrahamlin395631.html"
.
Abraham Lincoln

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