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- I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks. Paul Samuelson. Writing, Law, Textbooks.
- Good questions outrank easy answers. Paul Samuelson. Nature, Asking Questions, Environmental.
- The stock market has predicted nine of the last five recessions. Paul Samuelson. Nine, Lasts, Five.
- Politicians like to tell people what they want to hear - and what they want to hear is what won't happen. Paul Samuelson. Philosophy, People, Political.
It will happen again and again. Paul Samuelson. Avoiding inflation is not an absolute imperative but rather is one of a number of conflicting goals that we must pursue and that we may often have to compromise. Paul Samuelson. What we know about the global financial crisis is that we don't know very much. Paul Samuelson.
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The General Theory caught most economists under the age of 35 with the unexpected virulence of a disease first attacking and decimating an isolated tribe of south sea islanders. Economists beyond 5...
I think the acceptance of "mathematical expectation of utility" or its "arithmetic mean" was an unthinking carryover from the mathematical theory of the law of large numbers as applied to asymptoti...
Perhaps all we can expect of a public body, charged with grave responsibilities, is that it should in its public utterances make out cases stronger than it really believes in. Or perhaps, because i...
The very name of my subject, economics, suggests economizing or maximizing. But Political Economy has gone a long way beyond home economics. Indeed, it is only in the last third of the century, wit...
Mathematics is the handmaiden of the sciences. But mathematics also has a life of her own, gaining as much in her own development and fulfillment from the sciences as she gives to them. To help des...
Let us summarise the lessons learned. 1. Though achieving private-property perfect competition will achieve productive efficiency, moving toward it may have made matters worse. And, in the land-enc...
Years ago, I wrote aphoristically: “Inside a classical economist, you discern a neoclassical economist trying to get in.” My archetypical tableaux flesh out this heuristic perception. And, in my co...
- The recent market run-up that appreciated run-of-the- mill shares also chanced to send up those token gold holdings. Pure luck, undeserved and unlikely to reoccur.
- Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
- The problem is no longer that with every pair of hands that comes into the world there comes a hungry stomach. Rather it is that, attached to those hands are sharp elbows.
- I return to economics and to economists, and to the question of why the profession's directions have evolved in the manners evident from this book. A major conservative economist once explained that a source of his antipathy to government traced back to the defeat of his southern ancestors by a larger north economy.
Paul Samuelson quotes about: Decisions Economic Growth Economics Economists Economy Efficiency Environment more... Discover Paul Samuelson famous and rare quotes. Share Paul Samuelson quotations about economics, environment and economy. "Economics has never been a science - and..."
Top 10 Paul Samuelson Quotes. 10. Every good cause is worth some inefficiency. Paul Samuelson. 9. The problem is no longer that with every pair of hands that comes into the world there comes a hungry stomach. Rather it is that, attached to those hands are sharp elbows. Paul Samuelson.
Paul Samuelson's famous quote asserts that economics is primarily concerned with understanding and analyzing human behavior motivated by self-interest and influenced by incentives. In this view, individuals are driven to act in ways that maximize their own well-being and benefits.
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