Nick Hanauer
Nick Hanauer
Nick Hanaueris an American entrepreneur and venture capitalist living in Shoreline, Washington...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
country thinking conservative
I was more conservative when I was younger. But I don't think that I've moved left - I think the country has moved right.
jobs thinking two
Now one person doing the job of one and a half. So as an employer I can get two people to do the work of three, and think about what that does for profits.
cutting thinking people
Raising the minimum wage allows business people to stop thinking about workers simply as costs to be cut and allows you to start thinking about workers as customers to be cultivated.
thinking wings ideas
I think the idea that giant profitable corporations should pay their workers enough so that they don't need food stamps - since when is that left wing? How did that become "leftie?" That doesn't seem leftie to me. That seems common sense.
civic difference disruption human means number poor problems prosperity social society source tech
Prosperity in human society is misunderstood. The difference between a rich and poor society is the number of problems that society solves for its citizens. That means technological innovation is the source of all prosperity, but with every tech innovation, you also get disruption - ultimately, social and civic disruption.
money monopoly quite
The thing about a real economy is that it actually is like the game of Monopoly in the sense that when one person has all the money, the game is over. And in a game of Monopoly, of course, that's quite charming, but in a real economy, it's much more problematic.
accept apartment decent expensive hard learned pay rent state super
The thing I've learned most about poverty is how expensive it is to be poor. It's super easy to pay rent every month if you earn enough to pay rent and have a decent job. It's super hard to pay rent if you need a coupon from the state and then need to go find an apartment that will accept that coupon and only that coupon.
people pursue socially societies tech
Tech innovation is something societies have to pursue as vigorously as they can. We have to innovate civically and socially at the same rate; otherwise, you create unfortunate disruptions, and that's where you have people opposing technological innovations.
accurate complex dependent ecosystem embraces people perfectly rejects
Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechanistic system and embraces the much more accurate idea of an economy as a complex ecosystem made up of real people who are dependent on one another.
create human medium money people problems prosperity simply society solutions wealth
Most people believe, mistakenly, that wealth in a human society has something to do with money, but that's not true. Money is simply a medium of exchange. Prosperity in a human society is the accumulation of solutions to human problems that we create for ourselves.
absolutely constantly discomfort dismay family rituals routines work
I have absolutely no rituals or routines other than I work obsessively and think constantly about my work, to the dismay and discomfort of everyone I employ. And my family.
benefit happens job lowest name rates rich system tax
When you have a tax system in which most of the exemptions and the lowest rates benefit the richest, all in the name of job creation, all that happens is that the rich get richer.
convinced falsely job main people persuaded schooling simply society
We rich people have been falsely persuaded by our schooling and the affirmation of society, and have convinced ourselves, that we are the main job creators. It's simply not true.
car class drive earn few limit middle money people rich spend though thousand true
It is true that rich people can spend more money than middle class people, but there's this upper limit on what we can spend. I drive a very nice car, but it's only one car. I don't own a thousand, even though I earn a thousand times the median wage. I have a few jackets, not a few thousand.