Kenneth Arrow Quotes
I think that systems that are based on employment are illogical and attempts to meet them create all sorts of unnecessary complexities.
Topics
Employment
Thinking
Unemployment Rate
Economic Systems
Job Satisfaction
Labor Market
Unnecessary
Social Organization
Job Creation
Complex Problems
Economic Structures
Employment Regulations
Inefficient Systems
Job Market
Labor Force Participation
Labor Market Dynamics
System Change
Systemic Flaws
Workforce Management
Citations
Arrow, Kenneth J. Interview. Big Think, 8 Jun. 2011.
Related Quotes
This is a statement that in the early 21st century would be made only by ultra liberals. But in the in the late 1940’s this was not only standard democratic party thinking, but a large number of Republicans thought of the Government as the employer of last resort including their Presidential standard bearer.
Kenneth Joseph Arrow was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in Economic Sciences with John Hicks in 1972.