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Lester Thurow Quotes: AT&T invented the cellular telephone, but saw no future in it. It takes entrepreneurs, who are angels of destruction, to take advantage of things which the inventor cannot or does not see.
         

AT&T invented the cellular telephone, but saw no future in it. It takes entrepreneurs, who are angels of destruction, to take advantage of things which the inventor cannot or does not see.


Lester Thurow
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Other quotes of Lester Thurow


A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.

A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.



One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists.

One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists.



Technology and Ideology are shaking the foundations of 21st century capitalism. Technology is making skills and knowledge the only sources of sustainable strategic advantage.

Technology and Ideology are shaking the foundations of 21st century capitalism. Technology is making skills and knowledge the only sources of sustainable strategic advantage.



Without entrepreneurs, economies become poor and weak. The old will not exist, the new can't enter

Without entrepreneurs, economies become poor and weak. The old will not exist, the new can't enter



Major investment decisions have become too important to be left to the private sector.

Major investment decisions have become too important to be left to the private sector.



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If a group of people has no sense where they came from-it is difficult for them to have a sense where they should go.



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We've believed for 50 years that the Japanese are small Americans who wanted to be like us. They are not.



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Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.





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It's not the wound that teaches, but the healing.



How about peaches, dear?” murmurs Madame Manec, and Marie-Laure can hear a can opening, juice slopping into a bowl. Seconds later, she’s eating wedges of wet sunlight.

How about peaches, dear?” murmurs Madame Manec, and Marie-Laure can hear a can opening, juice slopping into a bowl. Seconds later, she’s eating wedges of wet sunlight.



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If I empty out half of my life, God can only fill half...God will fill as much of us as we allow Him to fill.



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Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.



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Things looked at patiently from one side after another generally end by showing a side that is beautiful.



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I started playing the piano when I was about two and got a scholarship to the Peabody Conservatory of Music in Baltimore when I was five. But I left when I was 11.

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Quote Description


This page presents the quote "AT&amp;T invented the cellular telephone, but saw no future in it. It takes entrepreneurs, who are angels of destruction, to take advantage of things which the inventor cannot or does not see.". Author of this quote is Lester Thurow. This quote is about entrepreneur, angel, advantage, future, destruction, inventor, cellular, doe,.