"The person earning the federal minimum wage of $7.25 isn't going out to eat at restaurants. They're not taking piano lessons. They're not going to the gym or the yoga studio. They're not sending mom flowers on Mother's day. What good is this person in the economy? If you raise it to $15 an hour, they're doing all of those things."
Nick HanauerTiny Panda Quotes
Quotes by Nick Hanauer
Nick Hanauer is a distinguished American entrepreneur and venture capitalist, renowned for his outspoken advocacy of progressive economic policies. Born in 1959 in Seattle, Hanauer emerged as a key figure in the tech industry, co-founding firms like Amazon and a host of successful startups. Beyond his entrepreneurial ventures, he is celebrated for challenging conventional wisdom on wealth distribution, famously stating, “The rich don’t create jobs. Demand creates jobs.” Through his work, Hanauer strives to reshape the dialogue around economic inequality, leaving a lasting impact on both business and social justice.
3 quotes found
"Economics is mostly how humans rationalize who gets what and why. It's how we instantiate our preferences about status, privileges, and power."
Nick Hanauer
"Once America's CEOs get back to the business of growing their companies rather than growing their share prices, shareholder value will take care of itself, and all Americans will share in the higher wages and other benefits of a renewed era of economic growth."
Nick Hanauer