|

|

Advertisements

Paul Samuelson Quotes

A growing nation is the greatest ponzi game ever contrived Picture Quote #1

Every good cause is worth some inefficiency Picture Quote #1

Economists have much to be humble about Picture Quote #1

You know what happiness is: ‘Having a little more money than your colleagues.’ And that’s not so tough in academic life Picture Quote #1

First, those who disagree with market efficiency simply assert that it stands to common sense that greater effort to get facts and greater acumen in analyzing those facts will pay off in better performance somehow measured. (By this logic, cure for cancer must have been found by 1955) Picture Quote #1

Even if this advice to portfolio decision makers to drop dead is good advice, it obviously is not counsel that will be eagerly followed. Few people will commit suicide without a push. And fewer still will pay good money to be told to do what is against human nature and self-interest to do Picture Quote #1

Advertisements

The recent market run-up that appreciated run-of-the- mill shares also chanced to send up those token gold holdings. Pure luck, undeserved and unlikely to reoccur. Good questions outrank easy answers Picture Quote #1

Sooner or later the Internet will become profitable. It’s an old story played before by canals, railroads and automobiles Picture Quote #1

Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas Picture Quote #1

Economics has never been a science - and it is even less now than a few years ago Picture Quote #1

Self-deception ultimately explains Japan’s plight. The Japanese have never accepted that change is in their interest - and not merely a response to U.S. criticism Picture Quote #1

Profits are the lifeblood of the economic system, the magic elixir upon which progress and all good things depend ultimately. But one man’s lifeblood is another man’s cancer Picture Quote #1

Advertisements

I don’t care very much for the People Magazine approach to applied economics Picture Quote #1

Macroeconomics, even with all of our computers and with all of our information. is not an exact science and is incapable of being an exact science Picture Quote #1

For better or worse, US Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian. You know what a cafeteria catholic is? Picture Quote #1

That’s what I would like to do until the end of time, to go on scribbling my articles on the third floor of the Sloan Building, in between playing tennis and drinking coffee at my other study in the Concord Avenue branch of Burger King Picture Quote #1

If we made an income pyramid out of a child’s blocks, with each layer portraying $1,000 of income, the peak would be far higher than the Eiffel Tower, but almost all of us would be within a yard of the ground Picture Quote #1

Mea culpa, mea culpa. MIT and Wharton and University of Chicago created the financial engineering instruments, which, like Samson and Delilah, blinded every CEO. They didn’t realize the kind of leverage they were doing and they didn’t understand when they were really creating a real profit or a fictitious one Picture Quote #1

Advertisements

We are like highly trained athletes, who never run a race Picture Quote #1

The stock market has predicted nine of the last five recessions Picture Quote #1

Economics never was a dismal science. I should be a realistic science Picture Quote #1

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support Picture Quote #1

Funeral by funeral, theory advances Picture Quote #1

What good does it do a black youth to know that an employer must pay him $2 an hour if the fact that he must be paid that amount is what keeps him from getting a job? Picture Quote #1

Advertisements

What we know about the global financial crisis is that we don’t know very much Picture Quote #1

Forsake search for needles that are so very small in haystacks that are so very large Picture Quote #1

Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad Picture Quote #1

Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference Picture Quote #1

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 and saving usually have a big payoff in promoting economic growth Picture Quote #1

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 to them Picture Quote #1

1 2

Friendship Quotes

Motivational Quotes

Inspirational Quotes

Advertisements

Text Quotes

A growing nation is the greatest ponzi game ever contrived (Paul Samuelson Quotes) Every good cause is worth some inefficiency (Paul Samuelson Quotes) Economists have much to be humble about (Paul Samuelson Quotes) You know what happiness is: ‘Having a little more money than your colleagues.’ And that’s not so tough in academic life. (Paul Samuelson Quotes) First, those who disagree with market efficiency simply assert that it stands to common sense that greater effort to get facts and greater acumen in analyzing those facts will pay off in better performance somehow measured. (By this logic, cure for cancer must have been found by 1955) (Paul Samuelson Quotes) Even if this advice to portfolio decision makers to drop dead is good advice, it obviously is not counsel that will be eagerly followed. Few people will commit suicide without a push. And fewer still will pay good money to be told to do what is against human nature and self-interest to do (Paul Samuelson Quotes) The recent market run-up that appreciated run-of-the- mill shares also chanced to send up those token gold holdings. Pure luck, undeserved and unlikely to reoccur. Good questions outrank easy answers (Paul Samuelson Quotes) Sooner or later the Internet will become profitable. It’s an old story played before by canals, railroads and automobiles (Paul Samuelson Quotes) Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas (Paul Samuelson Quotes) Economics has never been a science - and it is even less now than a few years ago (Paul Samuelson Quotes) Self-deception ultimately explains Japan’s plight. The Japanese have never accepted that change is in their interest - and not merely a response to U.S. criticism (Paul Samuelson Quotes) Profits are the lifeblood of the economic system, the magic elixir upon which progress and all good things depend ultimately. But one man’s lifeblood is another man’s cancer. (Paul Samuelson Quotes) I don’t care very much for the People Magazine approach to applied economics (Paul Samuelson Quotes) Macroeconomics, even with all of our computers and with all of our information. is not an exact science and is incapable of being an exact science. (Paul Samuelson Quotes) For better or worse, US Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian. You know what a cafeteria catholic is? (Paul Samuelson Quotes) That’s what I would like to do until the end of time, to go on scribbling my articles on the third floor of the Sloan Building, in between playing tennis and drinking coffee at my other study in the Concord Avenue branch of Burger King. (Paul Samuelson Quotes) If we made an income pyramid out of a child’s blocks, with each layer portraying $1,000 of income, the peak would be far higher than the Eiffel Tower, but almost all of us would be within a yard of the ground. (Paul Samuelson Quotes) Mea culpa, mea culpa. MIT and Wharton and University of Chicago created the financial engineering instruments, which, like Samson and Delilah, blinded every CEO. They didn’t realize the kind of leverage they were doing and they didn’t understand when they were really creating a real profit or a fictitious one. (Paul Samuelson Quotes) We are like highly trained athletes, who never run a race (Paul Samuelson Quotes) The stock market has predicted nine of the last five recessions (Paul Samuelson Quotes) Economics never was a dismal science. I should be a realistic science (Paul Samuelson Quotes) Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support (Paul Samuelson Quotes) Funeral by funeral, theory advances (Paul Samuelson Quotes) What good does it do a black youth to know that an employer must pay him $2 an hour if the fact that he must be paid that amount is what keeps him from getting a job? (Paul Samuelson Quotes) What we know about the global financial crisis is that we don’t know very much (Paul Samuelson Quotes) Forsake search for needles that are so very small in haystacks that are so very large (Paul Samuelson Quotes) Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad (Paul Samuelson Quotes) Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference (Paul Samuelson Quotes) 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 and saving usually have a big payoff in promoting economic growth (Paul Samuelson Quotes) 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 to them (Paul Samuelson Quotes)

1 2