Walter Lippmann on Income Distribution and Efficiency

„A better distribution of incomes would increase that efficiency by diverting a great fund of wealth from the useless to the useful members of society. To cut off the income of the useless will not impair their efficiency. They have none to impair. It will, in fact, compel them to acquire a useful function.“

Walter LippmannWalter Lippmann on income distribution, wealth, and the connection between social usefulness and economic efficiency.
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Walter Lippmann was an American journalist and political commentator, known for his work on public opinion and political communication.

In this controversial quote, Walter Lippmann links income distribution with social usefulness and economic efficiency.


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Walter Lippmann quote about income distribution and economic efficiency

Walter Lippmann (1889–1974) was a prominent American journalist, media critic, and political commentator. He coined significant concepts in media and communication studies, particularly regarding the role of mass media in democracy. His book "Public Opinion" (1922) remains a classic in media criticism and political philosophy.

Harry Edson Browne quote image about individual money use and government spendingCopyright © yoice.net – Quote Artwork
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"Everything we know about human nature and about government tells us that individuals using their own money will achieve far more good for themselves and far more for others than politicians spending money they didn't have to work to earn." Harry Edson Browne
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