Income distribution quotes:

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  • Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned. -- Thomas Sowell
  • Cities that tend of have better schools for middle-income families, they tend to have much better prospects for kids moving up in the income distribution. -- Raj Chetty
  • Under Obama, income growth has been confined almost entirely to those at the top of the income distribution, continuing a pattern that began under President George W. Bush. -- Timothy Noah
  • Income tax in particular in the United States is concentrated on the top half of the income distribution, and very heavily skewed towards the top 10 or even top 1 percent. -- Judy Woodruff
  • My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth. -- Joseph Stiglitz
  • The climate change problem is at its heart an ethical problem. It's a problem of income distribution and it's a problem of income distribution with dimensions that we don't usually think about very much. -- Ross Garnaut
  • Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take. -- Barney Frank
  • In the United States today we have the most unequal wealth and income distribution of any major country on earth - worse than at any time since the 1920s. This is an economy that must be changed in fundamental ways. -- Bernie Sanders
  • When the word 'morality' comes up in connection with economics, income distribution and financial stability are usually the issues. Is it moral for rich countries to use such a high proportion of the world's resources or for investment bankers to earn large bonuses? -- Edmund Phelps
  • A premise of the new city is that we want a society to be as egalitarian as possible. For this purpose, quality-of-life distribution is more important than income distribution. [And quality of life includes] a living environment as free of motor vehicles as possible. -- Enrique Penalosa
  • Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do not hesitate to make sweeping pronouncements about the economy in general, businesses in particular, and the many issues revolving around what is called 'income distribution'. -- Thomas Sowell
  • Does inequality in the distribution of income increase or decrease in the course of a country's economic growth? -- Simon Kuznets
  • Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to increase or reduce inequality is not clear. -- Ben Bernanke
  • In socialism, private property is anathema, and equal distribution of income the first consideration. In capitalism, private property is cardinal, and distribution left to ensue from the play of free contract and selfish interest on that basis, no matter what anomalies it may present. -- George Bernard Shaw
  • Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done. -- Joan Robinson
  • If there is any law governing the distribution of income between classes, it still remains to be discovered. -- Joan Robinson
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