Major investment decisions have become too important to be left to the private sector.
Lester ThurowA competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.
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 ThurowChange requires individuals who recognize that new things can be done and who take the initiative to get them done ... The existing bureaucracies, public and private, will not take on the job of changing what is.
Lester ThurowIf a group of people has no sense where they came from-it is difficult for them to have a sense where they should go.
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 Thurow