Paul Samuelson Quotes
Every good cause is worth some inefficiency
Topics
Activism
Democracy, Democracies
Management
Objectives
Civic Responsibility, Social Responsibility
Altruism
Cause, Causes, Causality
Cost-Benefit Analysis
Effectiveness
Inefficiency
Making A Difference
Prioritization
Compromise
Doing Good
Good Cause
Doing The Right Thing
Sacrifice
Trade-Off
Management & Managing Government
Moral Imperative
Social Impact
Citations
Paul Samuelson, 1915-2009, Economist, Quoted in Foreign Affairs, July / August 2013
Sourced by: Eigen's Political and Historical Quotations
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Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated 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 considers him to be the "foremost academic economist of the 20th century".