The middle class creates us rich people, not the other way around. Nick Hanauer classcreatemiddle Change image and share on social
The thing I've learned most about poverty is how expensive it is to be poor. It's super easy to pay rent every month if you earn enough to pay rent and have a decent job. It's super hard to pay rent if you need a coupon from the state and then need to go find an apartment that will accept that coupon and only that coupon. Nick Hanauer acceptapartmentcoupon share on social
Most people believe, mistakenly, that wealth in a human society has something to do with money, but that's not true. Money is simply a medium of exchange. Prosperity in a human society is the accumulation of solutions to human problems that we create for ourselves. Nick Hanauer accumulationcreateexchange share on social
I'm not the smartest guy you've ever met, or the hardest-working. I was a mediocre student. I'm not technical at all - I can't write a word of code. What sets me apart, I think, is a tolerance for risk and an intuition about what will happen in the future. Seeing where things are headed is the essence of entrepreneurship. Nick Hanauer codeentrepreneurshipessence 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
You see, we capitalists will never actually ask you to work overtime. I don't even track your hours. I just make it clear that I trust you to get your job done in the time allotted. And then I hand you twice as much work as you can reasonably do in a 40-hour week. Nick Hanauer allotcapitalistclear share on social
No matter how wealthy a few plutocrats get, we can never drive a great national economy. Only a thriving middle class can do that. Nick Hanauer classdriveeconomy Change image and share on social
Government does create prosperity and growth by creating the conditions that allow both entrepreneurs and their customers to thrive; balancing the power of capitalists like me and workers isn't bad for capitalism - it's essential to it. Nick Hanauer badbalancecapitalism share on social
Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechanistic system and embraces the much more accurate idea of an economy as a complex ecosystem made up of real people who are dependent on one another. Nick Hanauer accuratecomplexdependent share on social
In software, it's easy to understand what people want, and it's hard to build. Internet stuff is super easy to build, but it's hard to know what people want. Nick Hanauer buildeasyhard Change image and share on social