Lech Walesa Quotes


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A startlingly bad prediction by a Nobel-prize winning economist particularly given it was stated in 1998 rather than a much earlier date when the potential of the Internet wasn’t already apparent. Ironically, the quote is from a Red Herring article he wrote titled “Why Most Economists’ Predictions Are Wrong” in which he asserts that most economists predictions are wrong because they overestimate the impact of future technologies. This quote is part of a longer, equally incorrect quote: “The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law' becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.” See related quotes.


Lech Walesa
Lech Walesa
  • Born: September 29, 1943
  • Nationality: Polish
  • Profession: Politician

Lech Wałęsa is a Polish statesman, dissident, and Nobel Peace Prize laureate, who served as the first democratically elected president of Poland from 1990 to 1995. A shipyard electrician by trade, he became the leader of the Solidarity movement, and led a successful pro-democratic effort which in 1989 ended the Communist rule in Poland and ushered in the end of the Cold War.