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Paul Samuelson Quotes


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Quotes by Paul Samuelson

Showing 61-70 of 71 Quotes by Paul Samuelson

American society was economically ill-run in the 1980s. Our society has been on a consumption binge. If the American people had a town meeting and said, 'What do we care about posterity? Posterity hasn't done anything for us; we're going to whoop it up now,' that is a rational judgment. But nobody ever did that.

~Paul Samuelson

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People have the wrong idea that God will forgive Reagan. They say he didn't know what he was doing. It's true he didn't know a lot of what was going on, but he was directly responsible.

~Paul Samuelson

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People had J.F.K. all wrong. They thought of him as a dashing, deciding type. He was an extremely hesitant person who checked the ice in front of him all the time.

~Paul Samuelson

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Often, when I became a consultant to a federal agency, that precipitated its demise.

~Paul Samuelson

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I decided that there was only one place to make money in the mutual fund business, as there is only one place for a temperate man to be in a saloon: behind the bar and not in front of it.

~Paul Samuelson

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Investing should be dull. It shouldn't be exciting.

~Paul Samuelson

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The dream of any scholar has, for me, come true by virtue of this award. The Nobel Prizes are justly famous in the hard sciences, in literature, and for peace.

~Paul Samuelson

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Let me acknowledge that I realize that, in honoring me, the Committee of the Royal Academy of Sciences is in fact saying a good word for all of those of my generation who have been laboring in the same vineyard.

~Paul Samuelson

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The very name of my subject, economics, suggests economizing or maximizing. But Political Economy has gone a long way beyond home economics.

~Paul Samuelson

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What is it that the scientist finds useful in being able to relate a positive description of behavior to the solution of a maximizing problem? That is what a good deal of my own early work was about.

~Paul Samuelson

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Biography

Nationality: American

Type: Economist

Born: May 15th, 1915

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