McKinsey quote of the day

“Growth increases our incomes and our standards of living. It increases security and resilience, poverty alleviation, and education, so there are many positive associations. But growth touches on inequality because skills bias leads to a dispersion of income, so growth also promotes the wealth of the people at the bottom of society.”

Sven Smit, McKinsey senior partner, on creating a path to sustainable and inclusive growth in a recent episode of Inside the Strategy Room podcast