Paul Samuelson Quotes

Every good cause is worth some inefficiency




Paul Samuelson, 1915-2009, Economist, Quoted in Foreign Affairs, July / August 2013

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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".

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