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Lester Thurow Quotes

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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 Quotes) 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 ... For the first time in history the world’s wealthiest man owns only knowledge.  (Lester Thurow Quotes) Major investment decisions have become too important to be left to the private sector  (Lester Thurow Quotes) A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change  (Lester Thurow Quotes)