Paul Samuelson Quotes
Often, when I became a consultant to a federal agency, that precipitated its demise.
Topics
Unintended Consequences
Consultant
Government Intervention
Government Oversight
Political Interference
Demise
Bureaucratic Inefficiency
Federal Agency
Financial Mismanagement
Poor Decision Making
Regulatory Failure
Regulatory Overreach
Systemic Collapse
Unsustainable Policies
Unsustainable Practices
Organizational Failure
Institutional Decline
Citations
Samuelson, Paul A. "Paul A. Samuelson - Biographical." Les Prix Nobel en 1970, The Nobel Foundation, 1971.
Related Quotes
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".