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In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households' estimates of their private wealth relative to their wage income.
Edmund Phelps
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"In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households' estimates of their private wealth relative to their wage income."
— Edmund Phelps #moneywealth

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In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees a…

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In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households' estimates of their private wealth relative to their wage income. — Edmund Phelps

About Edmund Phelps

Edmund Phelps was a Economist from United States (1933–present).

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Frequently Asked Questions

Who said "In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and sp…"?
This quote is attributed to Edmund Phelps, a Economist from United States.
When did Edmund Phelps live?
Edmund Phelps lived from 1933 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.