Be humble Quote by Paul Samuelson
“Economists have much to be humble about.”
About This Quote
Source Book: Economics, Paul Samuelson, 1948
Economists must recognize the limits of their knowledge and stay modest.
In simple terms: Economists should stay modest about their expertise.
Cultivate humility in economic analysis.
Themes
Mood
Type
When to use this quote
- academic research
- public policy advising
- financial forecasting
Key Concepts
Questions to Reflect On
- How to balance confidence with humility?
- What safeguards prevent overreach?
Overconfidence can lead to flawed policies.