Great Throughts Treasury
This site is dedicated to the memory of Dr. Alan William Smolowe who gave birth to the creation of this database.
Lester Thurow, fully Lester Carl Thurow, aka L.C. Thurow
American Educator and Author, Dean of MIT Sloan School of Management
"A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change."
"No country without a revolution or a military defeat and subsequent occupation has ever experienced such a sharp a shift in the distribution of earnings as America has in the last generation. At no other time have median wages of American men fallen for more than two decades. Never before have a majority of American workers suffered real wage reductions while the per capita domestic product was advancing. "
"Probably no country has ever had as large a shift in the distribution of wealth [as what we've seen in the U.S. in the last 30 years] without having gone through a revolution or losing a major war."