Economic Classification Quotes

It is common to distinguish necessaries, comforts, and luxuries; the first class including all things required to meet wants which must be satisfied, while the latter consist of things that meet wants of a less urgent character.

Yes, I think India's economy always has been a mixed economy, and by Western standards we are much more of a market economy than a public sector-driven economy.

The notion that all human beings born into this world enter at birth into a definite social and economic classification, in which classification they must remain permanently through life, is wholly false and fatal to a progressive civilization.

There is actually no such thing as an Artist type. 'Artist' is just an economic designation, a box you tick on a form. We are all people, and we are all creative.

I can tell you I'm pretty middle-class.

I grew up on a farm. I didn't have health insurance until I was 24 years old. So, I didn't even know I was poor until the government told me I was poor.

Southampton is for sporting rich; Bridgehampton is for nearly rich; East Hampton is for the very rich.

While households that make anywhere from $48,000 to $250,000 can call themselves middle class, to group such a wide range of incomes under one label, as politicians love to do, is to confuse the term entirely.

Perhaps they do not recognize themselves, for a rich man is even harder to define than a poor one.

There are no American peasants.