Adam Davidson Quotes & Sayings (Page 4)

“A healthy economy is largely a result of a reasonable balance between consumption today and consumption deferred, and it's pretty clear that balance has been ridiculously out of whack for a while.”

“A rule of thumb: If the company you work for provides a product or service that's pretty much the same as what was offered last year and a few years before that, it might be time to start looking for something new.”

“I don't think that much change comes from economists. I think it comes more from political realities. Probably the two giants of the 20th century, who actually did shift government policy in the U.S. and around the world, were John Maynard Keynes and Milton Friedman. I don't see anybody in our system who is at that level of influence.”

“I'm not the first to admit that raising a child in Park Slope, Brooklyn, can bear an embarrassing resemblance to the TV show 'Portlandia.' My wife and I try to have some ironic distance from the culture of organic, chemical-free parenting, but we're often participants.”

“If large numbers of people believe they have no shot at a better life in the future, they will work less hard and generate fewer new ideas and businesses. The economy, as a whole, will be poorer.”

“It makes me happy to think that this world of art-as-investment is a minuscule fraction of the art world overall. Most people who create, trade and own art do it for a much simpler reason. They just like it.”

“Like a bottle of wine or a promising college quarterback turning pro, C.E.O.'s are similar to what economists call experience goods: you commit to a price long before you know if they're worth it.”

“Much of what we consider the American way of life is rooted in the period of remarkably broad, shared economic growth, from around 1900 to about 1978.”

“One of the great political and economic challenges of our time is figuring out the balance between wealth that benefits society and wealth that distorts.”

“Perhaps concentrated wealth will inspire a nation of innovative problem-solvers. But if the view of many economists is right - that it sometimes discourages innovation - then we should worry.”