Paul Samuelson Quotes


"What we know about the global financial crisis is that we don't know very much."
- Paul Samuelson
(Related: Financial, Crisis)

"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
(Related: World)

"Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles."
- Paul Samuelson
(Related: Automobiles, Internet, Old, Will)

"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
(Related: Change, Criticism, Interest, Self)

"Politicians like to tell people what they want to hear - and what they want to hear is what won't happen."
- Paul Samuelson
(Related: People, Politicians, Want)

"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
(Related: Excitement, Want)

"Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support."
- Paul Samuelson
(Related: Growth, Benefits, Globalization, Support)

"Funeral by funeral, theory advances."
- Paul Samuelson
(Related: Theory)

"Every good cause is worth some inefficiency."
- Paul Samuelson
(Related: Cause, Inefficiency, Worth)

"Economics has never been a science - and it is even less now than a few years ago."
- Paul Samuelson
(Related: Science, Economics, Now, Years)

"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
(Related: Europe, Logic, states, United, Workers)

"Asia's governments come in two broad varieties: young, fragile democracies - and older, fragile authoritarian regimes."
- Paul Samuelson
"An intriguing paradox of the 1990s is that it isn't called a decade of greed."
- Paul Samuelson
(Related: Greed, Paradox)

"It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office."
- Paul Samuelson
(Related: Office)