Paul Samuelson Quotes

• Commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions!

  Paul Samuelson

  Topics in Uncategorized

• The consumer, so it is said, is the king…each is a voter who uses his money as votes to get the things done that he wants done.

  Paul Samuelson

  Topics in Uncategorized

• What we know about the global financial crisis is that we don’t know very much.

  Paul Samuelson

  Topics in Economy

  Tags in Know

• 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

  Topics in Uncategorized

  Tags in Problem

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

  Paul Samuelson

  Topics in Uncategorized

  Tags in Profitable

• 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

  Topics in Uncategorized

  Tags in Intresting, Change, Accept

• Politicians like to tell people what they want to hear – and what they want to hear is what won’t happen.

  Paul Samuelson

  Topics in Uncategorized

  Tags in Politician, Hear

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

  Paul Samuelson

  Topics in Uncategorized

  Tags in Easy

• 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

  Topics in Uncategorized

  Tags in Excitement, Grow, Growth

• Good questions outrank easy answers.

  Paul Samuelson

  Topics in Uncategorized

  Tags in Question

• Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.

  Paul Samuelson

  Topics in Economy

  Tags in Growth

• Funeral by funeral, theory advances.

  Paul Samuelson

  Topics in Uncategorized

  Tags in Theory

• Every good cause is worth some inefficiency.

  Paul Samuelson

  Topics in Uncategorized

  Tags in Efficiency, Worth

• Economics has never been a science – and it is even less now than a few years ago.

  Paul Samuelson

  Topics in Economy

• 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

  Topics in Work

  Tags in Profit

• Asia’s governments come in two broad varieties: young, fragile democracies – and older, fragile authoritarian regimes.

  Paul Samuelson

  Topics in Uncategorized

  Tags in Government, Young

• An intriguing paradox of the 1990s is that it isn’t called a decade of greed.

  Paul Samuelson

  Topics in Uncategorized

  Tags in Decade

Paul Samuelson (17)

Birth:	15th May, 1915
Death:	13th December, 2009
Nationality:	American
Profession:	Economist

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Today's Anniversary - 3rd March

Births

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• 1966 - Tone Loc
• 1983 - Kim Smith
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Deaths

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• 2010 - Michael Foot
• 1959 - Lou Costello
• 2012 - Ronnie Montrose
• 2002 - Eda LeShan