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. - Lester Thurow
Major investment decisions have become too important to be left to the private sector.
- Lester Thurow
The old foundations of success are gone ... The world's wealthiest man, Bill Gates, owns nothing tangible: no land, no gold or oil, no factories ... … - Lester Thurow
The old foundations of success are gone ... The world's wealthiest man, Bill Gates, owns nothing tangible: no land, no gold or oil, no factories ... …
Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets th… - Lester Thurow
Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets th…
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 whi… - Lester Thurow
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 whi…
Change requires individuals who recognize that new things can be done and who take the initiative to get them done ... The existing bureaucracies, pu… - Lester Thurow
Change requires individuals who recognize that new things can be done and who take the initiative to get them done ... The existing bureaucracies, pu…
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. - Lester Thurow
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.
Technology and Ideology are shaking the foundations of 21st century capitalism. Technology is making skills and knowledge the only sources of sustain… - Lester Thurow
Technology and Ideology are shaking the foundations of 21st century capitalism. Technology is making skills and knowledge the only sources of sustain…
We've believed for 50 years that the Japanese are small Americans who wanted to be like us. They are not. - Lester Thurow
We've believed for 50 years that the Japanese are small Americans who wanted to be like us. They are not.
One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been reject… - Lester Thurow
One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been reject…
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