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 ThurowA competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.
Lester ThurowThere is nothing antithetical in American history, culture, or traditions to teamwork. Teams were important in America's history - wagon trains conquered the West, men working together on the assembly line in American industry conquered the world, a successful national strategy and a lot of teamwork put an American on the moon first (and thus fare, last). But American mythology extols only the individual...In America, halls of fame exist for almost every conceivable activity, but nowhere do Americans raise monuments in praise of teamwork.
Lester ThurowEconomists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.
Lester Thurow