Economics is mostly how humans rationalize who gets what and why. It's how we instantiate our preferences about status, privileges, and power. Nick Hanauer economicshumaninstantiate Change image and share on social
Greed is a sin because humans are social creatures. And they simply cannot survive without the opposite of greed, which is cooperation. Nick Hanauer cooperationcreaturegreed Change image and share on social
We plutocrats need to get this trickle-down economics thing behind us: this idea that the better we do, the better everyone else will do. It's not true. How could it be? I earn 1,000 times the median wage, but I do not buy 1,000 times as much stuff, do I? Nick Hanauer 000buyearn share on social
Prosperity in human society is misunderstood. The difference between a rich and poor society is the number of problems that society solves for its citizens. That means technological innovation is the source of all prosperity, but with every tech innovation, you also get disruption - ultimately, social and civic disruption. Nick Hanauer citizencivicdifference share on social
I have, oddly, two ski houses - trying to sell one. Nick Hanauer houseoddlysell Change image and share on social
Business people do two things with their time fundamentally. The first is that they try to create sales, right? Revenue, key to business. But the other thing they devote their time to equally is cost containment. That is to say, how to not create jobs. Because the fewer jobs you can create for the revenue you create, the more profit you make. Nick Hanauer businesscontainmentcost share on social
You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None. It's not if, it's when. Nick Hanauer counterexamplehighlypolice Change image and share on social
The most powerful forces in economics are not numbers or facts. They are prejudices and preferences. No amount of evidence will ever change the degree to which many of the rich and powerful prefer themselves to be richer and more powerful and others poorer and weaker. Nick Hanauer amountchangedegree share on social
We rich people have been falsely persuaded by our schooling and the affirmation of society, and have convinced ourselves, that we are the main job creators. It's simply not true. Nick Hanauer affirmationconvincecreator Change image and share on social
I come from generations of progressive, atheist Jews. Nick Hanauer atheistgenerationjew Change image and share on social