Paul Samuelson

(Paul Anthony Samuelson)

Paul Samuelson
Paul Samuelson
  • Born: May 15, 1915
  • Died: December 13, 2009
  • Nationality: American
  • Profession: Economist









Paul Anthony Samuelson was an American economist and the first American to win the Nobel Memorial Prize in Economic Sciences. The Swedish Royal Academies stated, when awarding the prize in 1970, that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory". Economic historian Randall E. Parker has called him the "Father of Modern Economics", and The New York Times considered him to be the "foremost academic economist of the 20th century".

Quotes About
Author Quote
Quote Topics Cited
Every good cause is worth some inefficiency Management & Managing Government
An intriguing paradox of the 1990s is that it isn't called a decade of greed.
Asia's governments come in two broad varieties: young, fragile democracies - and older, fragile authoritarian regimes.
Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does.
Economics has never been a science - and it is even less now than a few years ago. Science, Mathematics, Engineering & Technology
Funeral by funeral, theory advances.
Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
Good questions outrank easy answers. Education, Learning, Knowledge & Training
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office.
Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.
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.
Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles.
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.
Well when events change, I change my mind. What do you do? Economics, The Economy & Fiscal Affairs ;Politics, Politicians & Political Campaigning & Fund Raising ;Reform, Change, Transformation & Reformers
What we know about the global financial crisis is that we don't know very much.