Top 10 Edward Luce Quotes (2024 Update)

Edward Luce Quote: “GDP numbers insist we are doing well, at a time when half the country is suffering from personal recessions.”

1. “GDP numbers insist we are doing well, at a time when half the country is suffering from personal recessions.”

— Edward Luce

Edward Luce Quote: “Davos has become the emblem of a global elite that has lost its ability to listen.”

2. “Davos has become the emblem of a global elite that has lost its ability to listen.”

— Edward Luce

Edward Luce Quote: “The emergence of China is the most dramatic event in economic history. We are living in an age of convergence no less dramatic than the age of divergence brought about by European colonialism and the Industrial Revolution. The downward pressure on the incomes of the West’s middle classes in the coming years will be relentless.”

3. “The emergence of China is the most dramatic event in economic history. We are living in an age of convergence no less dramatic than the age of divergence brought about by European colonialism and the Industrial Revolution. The downward pressure on the incomes of the West’s middle classes in the coming years will be relentless.”

— Edward Luce

Edward Luce Quote: “The meritocratic society has given way to a hereditary meritocracy.”

4. “The meritocratic society has given way to a hereditary meritocracy.”

— Edward Luce

Edward Luce Quote: “The new economy requires consumers with spending power – just as the old one did. Yet much like the farmer who eats his seed corn, Big Data is gobbling up its source of future revenue.”

5. “The new economy requires consumers with spending power – just as the old one did. Yet much like the farmer who eats his seed corn, Big Data is gobbling up its source of future revenue.”

— Edward Luce

Edward Luce Quote: “It is not just that people are staying physically put. They are also likelier to stay trapped in the same income group. America, in particular, which had traditionally shown the highest class mobility of any Western country, now has the lowest.”

6. “It is not just that people are staying physically put. They are also likelier to stay trapped in the same income group. America, in particular, which had traditionally shown the highest class mobility of any Western country, now has the lowest.”

— Edward Luce

Edward Luce Quote: “To be clear: the West’s souring mood is about the psychology of dashed expectations rather than the decline in material comforts.”

7. “To be clear: the West’s souring mood is about the psychology of dashed expectations rather than the decline in material comforts.”

— Edward Luce

Edward Luce Quote: “We learn from history that we do not learn from history. FRIEDRICH HEGEL.”

8. “We learn from history that we do not learn from history. FRIEDRICH HEGEL.”

— Edward Luce

Edward Luce Quote: “By any numerical measure, humanity is becoming rapidly less poor. But between half and two-thirds of people in the West have been treading water – at best – for a generation. Tens of millions of Westerners will struggle to keep their heads above the surface over the coming decades. The spread of automation, including artificial intelligence and remote intelligence, which some call the fourth industrial revolution, is still in its early stages.”

9. “By any numerical measure, humanity is becoming rapidly less poor. But between half and two-thirds of people in the West have been treading water – at best – for a generation. Tens of millions of Westerners will struggle to keep their heads above the surface over the coming decades. The spread of automation, including artificial intelligence and remote intelligence, which some call the fourth industrial revolution, is still in its early stages.”

— Edward Luce

Edward Luce Quote: “For those who still believe our age’s disruptions match what happened after 1870, ask yourself which you would first give up, your iPhone or the flush toilet? Laptop or antibiotics? If you have trouble answering those, ponder life without electricity. It is a measure of our solipsism that we take for granted what went before.”

10. “For those who still believe our age’s disruptions match what happened after 1870, ask yourself which you would first give up, your iPhone or the flush toilet? Laptop or antibiotics? If you have trouble answering those, ponder life without electricity. It is a measure of our solipsism that we take for granted what went before.”

— Edward Luce

Edward Luce Quote: “Almost half of Americans would be unable to pay a $400 medical emergency bill without going into debt.67.”

11. “Almost half of Americans would be unable to pay a $400 medical emergency bill without going into debt.67.”

— Edward Luce

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