Lester Thurow Quotes

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

Lester Thurow

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

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 rejected by sociologists and psychologists.

Lester Thurow

Lester Thurow

Lester Thurow

Born: May 7, 1938

Died: March 25, 2016 (aged 77)

Bio: Lester Carl Thurow was an American political economist, former dean of the MIT Sloan School of Management, and author of books on economic topics.

Known for:

The Future of Capitalism (1996)
The zero-sum solution (1985)

Lester Thurow on Wikipedia

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