Paul Samuelson Zitate auf Englisch

Zitat des Tages von Paul Samuelson:

Time is our ultimate scarcity. Isaac Newton can give us more electricity, but he can't give us more than 24 hours of the day of time. And so we're constantly having to sacrifice alternate activities to get the one that pleases us most.

I'm not speaking in favor of killing innovation. I'm speaking in favor of centrist use of the market, which involves necessarily a considerable degree of regulation. Markets by themselves will get themselves inevitably into inequality and into their own destruction. It will happen again and again.

Paul Samuelson

Funeral by funeral, theory advances.

Paul Samuelson

What I say is, 'If you're so rich, how come you're so dumb?'

Paul Samuelson

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

Paul Samuelson

Avoiding inflation is not an absolute imperative but rather is one of a number of conflicting goals that we must pursue and that we may often have to compromise.

Paul Samuelson

To a person of analytical ability, perceptive enough to realise that mathematical equipment was a powerful sword in economics, the world of economics was his or her oyster in 1935. The terrain was strewn with beautiful theorems begging to be picked up and arranged in unified order.

Paul Samuelson

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

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

Paul Samuelson

Milton Friedman. Friedman had a solid MV = PQ doctrine from which he deviated very little all his life. By the way, he's about as smart a guy as you'll meet. He's as persuasive as you hope not to meet.

Paul Samuelson

Time is our ultimate scarcity. Isaac Newton can give us more electricity, but he can't give us more than 24 hours of the day of time. And so we're constantly having to sacrifice alternate activities to get the one that pleases us most.

Paul Samuelson

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

Paul Samuelson

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

Paul Samuelson

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

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

Paul Samuelson

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

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

I have not been able in one lecture even to scratch the surface of the role of maximum principles in analytic economics.

Paul Samuelson

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

Paul Samuelson

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

Paul Samuelson

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

Paul Samuelson

Asia's governments come in two broad varieties: young, fragile democracies - and older, fragile authoritarian regimes.

Paul Samuelson

U.S. capital formation, which has been pretty high in the '90s and very high in the late 1990s, is what is being financed by the savings of the rest of the world, generally poorer than ourselves, because our deficit on current account, chronic deficit, is their surplus, and they have been willingly bringing that to the American market.

Paul Samuelson

Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.

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

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

I think that it's more important for an economist to be wise and sophisticated in scientific method than it is for a physicist because with controlled laboratory experiments possible, they practically guide you; you couldn't go astray. Whereas in economics, by dogma and misunderstanding, you can go very sadly astray.

Paul Samuelson

A temporary reduction in tax rates on individual incomes can be a powerful weapon against recession.

Paul Samuelson

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

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

Paul Samuelson

My belief is that nothing that can be expressed by mathematics cannot be expressed by careful use of literary words.

Paul Samuelson

It is indeed true that the stock market can forecast the business cycle.

Paul Samuelson

Women are men without money.

Paul Samuelson

'There are no easy pickings.' That would be a more accurate, less dramatic statement than 'There's no such thing as a free lunch.'

Paul Samuelson

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

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

Paul Samuelson

I came to the University of Chicago on the morning of January 2, 1932. I wasn't yet a graduate of high school for another few months. And that was about the low point of the Herbert Hoover/Andrew Mellon phase after October of 1929. That's quite a number of years to have inaction.

Paul Samuelson