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Robert Solow Quotes
Robert Solow Quotes
Robert Solow
American
Economist
Born:
Aug 23
,
1924
About
Business
Positive
Time
Wealth
Willingness
Related authors:
Alan Greenspan
Herbert A. Simon
John Kenneth Galbraith
Milton Friedman
Paul A. Volcker
Richard Thaler
Robert Reich
Thomas Sowell
The wealth-income ratio in the United States has always been lower than in Europe. The main reason in the early years was that land values bulked less in the wide open spaces of North America. There was, of course, much more land, but it was very cheap.
Robert Solow
Values
Early Years
States
More
Ratio
Main
Open
Cheap
Main Reason
Open Spaces
Course
Always
Been
Years
Very
Than
North
North America
America
Spaces
Land
Much
Lower
Less
Reason
Europe
United
United States
Wide
Early
The key thing about wealth in a capitalist economy is that it reproduces itself and usually earns a positive net return.
Robert Solow
Positive
Key
Wealth
Key Thing
About
Net
Economy
Return
Itself
Capitalist
Thing
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