Paul Samuelson Quotes
- Let those who will write the nation's laws, if I can write its textbooks.
- Thousands of important and intelligent men have never been able to grasp the principle of comparative advantage or believe it even after it was explained…
- Marshall's crime is to pretend to handle imperfect competition with tools only applicable to perfect competition.
- Economics has never been a science - and it is even less now than a few years ago.
- Man does not live by GNP alone.
- The growth of a nation's productive potential is the central factor in determining its growth in real wages and living standards.... high rates of investment…
- Good questions outrank easy answers.
- Every good cause is worth some inefficiency.
- Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
- The consumer, so it is said, is the king each is a voter who uses his money as votes to get the things done that…
- Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles.
- The failure of market catallactics in no way denies the following truth: given sufficient knowledge the optimal decisions can always be found by scanning over…
- This message (that attempting to beat the market is futile) can never be sold on Wall Street because it is in effect telling stock analysts…
- The stock market has predicted nine of the last five recessions.
- I don't care who writes a nation's laws-or crafts its advanced treaties-if I can write its economics textbooks
- Our ideal society finds it essential to put a rent on land as a way of maximizing the total consumption available to the society. ...Pure…
- What counts is results, and there can be no doubt that the Soviet planning system has been a powerful engine for economic growth...The Soviet model…
- We are like highly trained athletes, who never run a race.
- But the trouble is that he [Alan Greenspan] had been an Ayn Rander. You can take the boy out of the cult but you can't…
- Funeral by funeral, theory advances.