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Paul Samuelson Quotes


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Quotes by Paul Samuelson

Showing 31-40 of 71 Quotes by Paul Samuelson

To a person of analytical ability, perceptive enough to realise that mathematical equipment was a powerful sword in economics, the world of economics was his or her oyster in 1935. The terrain was strewn with beautiful theorems begging to be picked up and arranged in unified order.

~Paul Samuelson

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In the jargon of American vaudeville, Professors Frisch and Tinbergen are a 'hard act to follow.' But then, all my life, I have been following such great scholars and policy advisors as these.

~Paul Samuelson

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Time is our ultimate scarcity. Isaac Newton can give us more electricity, but he can't give us more than 24 hours of the day of time. And so we're constantly having to sacrifice alternate activities to get the one that pleases us most.

~Paul Samuelson

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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

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Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does.

~Paul Samuelson

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Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles.

~Paul Samuelson

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Funeral by funeral, theory advances.

~Paul Samuelson

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It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office.

~Paul Samuelson

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Milton Friedman. Friedman had a solid MV = PQ doctrine from which he deviated very little all his life. By the way, he's about as smart a guy as you'll meet. He's as persuasive as you hope not to meet.

~Paul Samuelson

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Things swept so badly that I had distrust - after 1967, let's say - of American Keynesianism. For better or worse, U.S. Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian.

~Paul Samuelson

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Biography

Nationality: American

Type: Economist

Born: May 15th, 1915

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