The Price of Prosperity Quotes

“Baby boomers, who will benefit far more from the Social Security program than their grandchildren, should receive an increase in benefits only if the overall economy grows and the nation’s debt profile improves.”
― Todd G. Buchholz, The Price of Prosperity: Why Rich Nations Fail and How to Renew Them

“He argued that a woman should have equal rights in family property and should be educated, especially in matters of law and finance: “it will be like providing the women of civilized society with a pocket dagger for self-protection.”27 Most important, though, Fukuzawa encouraged an independent spirit.”
― Todd G. Buchholz, The Price of Prosperity: Why Rich Nations Fail and How to Renew Them

“This is another paradox of our era: as native-born people find themselves surrounded by foreign-born people, they become less likely to explore our own country or the world. They become homebodies. The proportion of young adults living at home nearly doubled between 1980 and 2008, before the Great Recession hit, and the trend continues to creep upward.”
― Todd G. Buchholz, The Price of Prosperity: Why Rich Nations Fail and How to Renew Them