Paul Samuelson Quotes

Economics has never been a science - and it is even less now than a few years ago.

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What we know about the global financial crisis is that we don't know very much.

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Companies are not charitable enterprises They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does.

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If we made an income pyramid out of a child's blocks, with each layer portraying 1,000 of income, the peak would be far higher than the Eiffel Tower, but almost all of us would be within a yard of the ground.

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Asia's governments come in two broad varieties young, fragile democracies - and older, fragile authoritarian regimes.

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Funeral by funeral, theory advances.

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Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles.

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It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office.

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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.

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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.

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Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.

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An intriguing paradox of the 1990s is that it isn't called a decade of greed.

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Every good cause is worth some inefficiency.

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Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.

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Investing should be more like watching paint dry or watching grass grow. If you want excitement, take 800 and go to Las Vegas.

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