Arthur Melvin Okun Professions : Economist Born : November 28, 1928 Died : March 23, 1980 Browse All Authors Top 3 quotes by Arthur Melvin Okun High tax rates are followed by attempts of ingenious men to beat them as surely as surely as snow is followed by little boys on sleds. Arthur Melvin Okun snow men boys Society can transport money from rich to poor only in a leaky bucket Arthur Melvin Okun buckets rich poverty The market, if it can be kept honest and competitive, does provide very strong incentives for work effort and productive contributions. In their absence, society would thrash about for alternative incentives-some unreliable, like altruism; some perilous like collective loyalty; some intolerable, like coercion or oppression. Arthur Melvin Okun loyalty strong wisdom Similar Authors Bryan Caplan economist Burton Malkiel economist Bruno Frey economist Brian Wesbury economist Branko Milanovic economist Andrew Samwick economist All Authors