The richer people, when they get another $100,000, or another million, or 10 million, don't tend to spend it as much as the poorer... - Adair Turner, Baron Turner of Ecchinswell Quotes
#1
Quote:The richer people, when they get another $100,000, or another million, or 10 million, don't tend to spend it as much as the poorer people would if they got another $100 or $1,000 or $5,000. All the empirical evidence suggests that the rich tend to consume a lower proportion of income than middle and lower-income people. - Adair Turner, Baron Turner of Ecchinswell Quotes
  


Possibly Related Threads...
Thread Author Replies Views Last Post
  I don't have the illusion that there's any position or role in the world with as much potential for bringing about change as that of president of the United States. - Al Gore Quotes soni 0 3 34 minutes ago
Last Post: soni
  I'm not a psychologist, and I don't know how to play a more sophisticated role than the one that I have played for quite a few years... - Al Gore Quotes soni 0 1 44 minutes ago
Last Post: soni
  When people flirt with despair about the future, they are less likely to take the actions necessary to safeguard it, focusing instead on the short-term. - Al Gore Quotes soni 0 1 45 minutes ago
Last Post: soni
  All I have to do is be the best Al I can be, because I'm good enough, I'm smart enough and, doggone it, people like me. - Al Gore Quotes soni 0 2 1 hour ago
Last Post: soni
  Most people in politics draw energy from backslapping and shaking hands and all that. I draw energy from discussing ideas. - Al Gore Quotes soni 0 2 1 hour ago
Last Post: soni



Users browsing this thread:
1 Guest(s)