Robert Kuttner Short Quotes

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Technological change is beneficial only when other jobs replace the ones lost.

Robert Kuttner
If social security depresses savings rates, it is only because it is unfunded.

Robert Kuttner
The economic illusion is the belief that social justice is bad for economic growth.

Robert Kuttner
Technological advance often thrives in sheltered and subsidized markets, which defy free trade.

Robert Kuttner
When laissez-faire creates instability, the move to a freer market can be something less than pure gain.

Robert Kuttner
In practice, a good deal of the outcomes produced by the market reflect nothing more than luck - good or bad.

Robert Kuttner
Keynes, like Freud and Marx, deserves to be read in the original, not through the glosses of his lesser disciples.

Robert Kuttner
Can we reverse these deeply rooted sources sources of inequality? Or are they just endemic to a capitalist economy?

Robert Kuttner
Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars.

Robert Kuttner
In America, we build public housing by creating lucrative inducements to private developers, and then wax indignant at the public waste.

Robert Kuttner
If Boeing got a big head start on the 707 from multibillion-dollar military contracts to develop an air force transport, is that a sin against free trade?

Robert Kuttner
Not surprisingly, extensive effort in Britain and America goes into finding tax shelter. the system is "efficient" for the shelter industry, not for the economy.

Robert Kuttner
But of course you can have your cake and eat it, too - if you decide to to bake a second cake. And you may well find that baking two cakes does not take twice the work of baking one.

Robert Kuttner
Why, then, should we have to lower our living standards? What is the mysterious source of the economic loss? If productivity is increasing, why should we sacrifice services and wages?

Robert Kuttner
In a world where technology and capital are highly transferable, there is a real risk that comparative advantage comes to be defined as whose labor force will work for the lowest wage.

Robert Kuttner
It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become - of all things - Wall Street's own slogan.

Robert Kuttner