- Human
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- Nov 07, 2020
Paul Samuelson Quotes
Most Famous Paul Samuelson Quotes of All Time!
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- Last Updated on May 30, 2021
- People
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- Nov 07, 2020
Actually, in my advanced, high-falutin' frontier economics, I often work with what I define as 'money metric utility,' and I ask people, 'Do you really want that? What are you willing to pay for that?'
- Me
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- Nov 07, 2020
When I was a kid, I reckoned things in Hershey bars. Is this worth three Hershey bars to me?
- New
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- Nov 07, 2020
The Malthusian Theory - that mankind, for biological and sociological reasons, is so fertile, so fecund, that if you started out with the new continent and plenty of land for everybody, in several generations we would multiply our numbers.
- Evolution
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- Nov 07, 2020
Charles Darwin got his theory, his notion of natural selection, evolution, and so did its independent discoverer, Alfred Wallace, from reading Malthus.
- Economics
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- Nov 07, 2020
Economics is not an exact science. It's a combination of an art and elements of science. And that's almost the first and last lesson to be learned about economics: that in my judgment, we are not converging toward exactitude, but we're improving our data bases and our ways of reasoning about them.
- Go
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- Nov 07, 2020
The parts of physics that are exact are the parts of physics that are exact. The parts that are inexact are vastly greater. Sensible scientists don't waste their time pushing against doors that endlessly will not give. They are opportunistic and go where they can, but there are pitfalls in that.
- Expressed
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- Nov 07, 2020
My belief is that nothing that can be expressed by mathematics cannot be expressed by careful use of literary words.
- Know
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- Nov 07, 2020
I can tell you, because I serve on so many nonprofit boards - where half of us are academics and half of us are from Wall Street - that there's no CEO who understands at all a derivative. All they know is that somebody tells them in their organization, 'We've got a wonderful profit center.'
- Inequality
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- Nov 07, 2020