Paul Samuelson Quotes


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.


Citations

Samuelson, Paul A. "Sharp Elbows." Newsweek, Newsweek, Inc., 12 Jun. 1967, p. 86.

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So often diplomatic negotations are ongoing about “solutions” to world problems while people in crisis do not get any immediate help which is needed.


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

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".