Indias rigid social structure limits intergenerational economic mobility and fosters acceptance of vast wealth disparities.
Steven Rattner
Indias rigid social structure ...
Quotes from the same author
China has lunged into the 21st century, while India is still lurching toward it.
Steven Rattner
Most troublesome is the legalization of 'crowd funding,' the ability of start-up companies to raise capital from small investors on the Internet.
Steven Rattner
During my 30 years on Wall Street, taxes on unearned income have bounced up and down with regularity, and I’ve never detected any change in the appetite for hard work and accumulating wealth on the part of myself or any of my fellow capitalists.
Steven Rattner
Slapping a catchy acronym like the JOBS Act on a piece of legislation makes it more difficult for politicians to oppose it - and indeed that's what happened with the Jumpstart Our Business Startups Act.
Steven Rattner
