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Paul Samuelson Quotes


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Quotes by Paul Samuelson

Showing 41-50 of 71 Quotes by Paul Samuelson

I did not throw out my education lightly, but what I was being taught was of no use in explaining what I saw around me. It was the Great Depression.

~Paul Samuelson

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Keynes's contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us was a way of thinking about the magnitude and the dimensions and so forth.

~Paul Samuelson

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In 1936, money had no important role. Interest rates were one-eighth of one-eighth of one per cent. I did some research, and I found that the interest on one million dollars of ninety-day Treasuries was $37. People didn't even bother to collect it. The Fed wasn't important.

~Paul Samuelson

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It is dead wrong about necessary surplus of winnings over losings.

~Paul Samuelson

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The remarkable fact is not how much government does to control economic activity, but how much it does not do.

~Paul Samuelson

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Today we see how utterly mistaken was the Milton Friedman notion that a market system can regulate itself... Everyone understands now, on the contrary, that there can be no solution without government.

~Paul Samuelson

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The history of the twentieth century - America's century! - has been pretty much a history of rising prices.

~Paul Samuelson

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Let those who will - write the nation's laws - if I can write its textbooks.

~Paul Samuelson

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We've become a debtor nation. I don't mean just on fixed-loan terms, but we own increasingly less abroad than is owned from abroad here.

~Paul Samuelson

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Women are men without money.

~Paul Samuelson

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Biography

Nationality: American

Type: Economist

Born: May 15th, 1915

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