John Komlos Quotes

In all studies without exception, the positive relationship between social status and physical stature has been consistently documented in various societies and at different times. ...[E]ven in egalitarian America, social standing affected height throughout the nineteenth and twentieth centuries. In the wake of the New Deal, these effects became less pronounced as became less skewed.

[H]ousehold incomes... weren't going up. You don't need a Ph.D. in economics to figure out that something's not right with that.

Although a positive correlation between height and income has been amply documented... the correspondence has been found to be less than perfect... Thus some caveats are in order, because the distribution of income has also been found to affect the mean stature... and... the mix of calorie and intake matters to the growth process.

[I]n... 2017... 40% of the population evaluated their life as "struggling" and another 3%... "suffering."

[W]e cannot help but... to organize our thoughts without making some fundamental assumptions... a function of our... mindset, worldview... intellectual and emotional commitments... [that] influence... ideas developed in the discipline.

People who are cheaters, swindlers who can take advantage, especially of poor people... [who] do not have the education... the information. They cannot afford to buy the information so they get the short end of the stick... [O]pportunistic behavior is a big problem in the economy, and economists are not paying... attention...

was supposed to be good for the economy. It meant small government, low taxes, trickle down economics, , and all of these turned out to be bad... The slogan was to starve the beast... the government...

The Gallup poll says that half of the population is doing well, 52%... thriving, but the rest are either struggling or suffering... 44% struggling means that they have a very difficult time meeting their obligations. That's not a good economy.

IQ, intelligence quotient is normally distributed. ...The smart can take advantage of those with low IQ. That's not going to be the basis of a good economy and a good democracy if if people take advantage of one another. ...That's especially true of an educational system that is mediocre for a goodly portion of the population.

[E]conomics cannot be purged of ideology...

The divergence in the trend of biological and conventional indicators of well-being can be explained... [R]apid population growth and... urbanization... increased demand for food at a time when the agricultural labor force grew more slowly than the industrial... and the gains in labor productivity in agriculture... were lagging... Hence food prices rose relative to... other goods. ...Thus while the real wage might actually rise, it often did not rise as fast as food prices...

Usually the relationship between the true unemployment rate and the official unemployment rate is 2:1.

[J]ustice is as important as efficiency.

I consider my views to be progressive, democratic, and humanitarian. ...[W]e could restructure the economy ...to improve our lives by focusing on increasing our life satisfaction instead of on income growth.

[W]ith 250 years of growth... we... have 78% of the US workers living from paycheck to paycheck. No savings. ...40% of adults do not have $400 for an emergency expense.