Companies like Google and Facebook may offer jobs allowing or requiring imagination and creativity, but the whole of Silicon Valley accounts for only 3 percent of national income and a smaller percentage of national employment.

Edmund Phelps
Some Similar Quotes
  1. Productiveness is your acceptance of morality, your recognition of the fact that you choose to live--that productive work is the process by which man's consciousness controls his existence, a constant process of acquiring knowledge and shaping matter to fit one's purpose, of translating an idea... - Ayn Rand

  2. I think that you’ve got to make something that pleases you and hope that other people feel the same way. - Thomas Keller

  3. All our knowledge has its origin in our perceptions - Leonardo Da Vinci

  4. What keeps life fascinating is the constant creativity of the soul. - Deepak Chopra

  5. Anymore, no one's mind is their own. - Chuck Palahniuk

More Quotes By Edmund Phelps
  1. What brought mass innovation to a nation was not scientific advances - its own or others' - but 'economic dynamism': the desire and the space to innovate.

  2. At the simplest level, economics can better show us the consequences of our actions. Less simple are cases in which we don't have the knowledge to predict the full consequences. Global warming and climate change are examples.

  3. I've lived to see key parts of my research absorbed in textbooks and in central banks around the world. And some finance ministries, too.

  4. Chancellor Angela Merkel and Wolfgang Schaeuble, her finance minister, are right to oppose fiscal and bank unions without political union.

  5. No amount of debt restructuring, even debt forgiveness, will help the Greeks achieve real prosperity. What they need is not short-term relief but, rather, a long-term cure.

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