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Michael Hudson Quotes: If you increase living standards, you make labor more productive. This is why Asia today is becoming more productive than the United States.
         

If you increase living standards, you make labor more productive. This is why Asia today is becoming more productive than the United States.


Michael Hudson
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Other quotes of Michael Hudson


We go forward with our heads held high, but look back and remember where we come from.

We go forward with our heads held high, but look back and remember where we come from.



You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.

You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.



The one sure mark of a con, though, is the promise of free money.

The one sure mark of a con, though, is the promise of free money.



What's bad for the frackers usually is good for the rest of the world.

What's bad for the frackers usually is good for the rest of the world.



Nothing could be better for the economy than to get rid of fracking.

Nothing could be better for the economy than to get rid of fracking.



Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.



Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."

Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."



Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.

Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.



We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.

We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.



To the deficit commission, a depression is the solution to the problem, not a problem.

To the deficit commission, a depression is the solution to the problem, not a problem.





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Respect for right conduct is felt by every body.

Respect for right conduct is felt by every body.



My yearn for home is broadened Patriotism expanded By callings from beyond So I pack my things Nothing precious All things sacred

My yearn for home is broadened Patriotism expanded By callings from beyond So I pack my things Nothing precious All things sacred



I am not looking for board positions, I am looking for good governance.

I am not looking for board positions, I am looking for good governance.



To save the Theatre, the Theatre must be destroyed, and actors and actresses all die of the Plague ... they make art impossible.

To save the Theatre, the Theatre must be destroyed, and actors and actresses all die of the Plague ... they make art impossible.



I never accepted the idea that I was all through. I guess no person who has once been a star can do that, ever.

I never accepted the idea that I was all through. I guess no person who has once been a star can do that, ever.



I got daisies In green pastures.

I got daisies In green pastures.



Content informs design; design without content is decoration.

Content informs design; design without content is decoration.



How can I be a folk? I'm from the suburbs you know.

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Faith is a creative force. When we operate by faith, we employ the creative power of God.

Faith is a creative force. When we operate by faith, we employ the creative power of God.



It's like the riddle of the Sphinx... why are there so many great unmarried women, and no great unmarried men?

It's like the riddle of the Sphinx... why are there so many great unmarried women, and no great unmarried men?




Quote Description


This page presents the quote "If you increase living standards, you make labor more productive. This is why Asia today is becoming more productive than the United States.". Author of this quote is Michael Hudson. This quote is about today, united states, becoming more, labor, productive, standards, increase, asia,.