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Quotes by Economists
Quotes by Economists
There is no reason for a person to have thousands of millions of dollars.
Paul Craig Roberts
Thousands
No Reason
Dollars
Person
Reason
Millions
Millions Of Dollars
Every public institution in the United States and most private ones are corrupt.
Paul Craig Roberts
Every
States
Corrupt
Institution
Most
Private
Public
United
United States
Few Americans other than the One Percent have a stake in the American economic and political system.
Paul Craig Roberts
Political
Few
Other
System
One Percent
Percent
Economic
Than
American
Political System
Stake
Globalism is a scheme for impoverishing First World labor and taking power and influence from the hands of the many and putting them in the hands of the few.
Paul Craig Roberts
World
Power
First
Few
Scheme
Taking
Putting
First World
Labor
Hands
Influence
Them
Many
The champions of globalism are the champions of America's destruction.
Paul Craig Roberts
Destruction
America
Champions
I have come to the conclusion that the West is a vast lie machine for the secret agendas of vested interests.
Paul Craig Roberts
Lie
Secret
Machine
Vast
Come
Conclusion
West
Vested
Vested Interests
Agendas
Interests
We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.
Paul Krugman
Own
Crisis
High
Running
Borrow
Advanced
Economies
Know
Without
Governments
Up
Debt
Very
Currency
Stable
Capable
Levels
The great thing about fiscal policy is that it has a direct impact and doesn't require you to bind the hands of future policymakers.
Paul Krugman
Future
Great
You
Impact
About
Direct
Great Thing
Policy
Policymakers
Fiscal
Hands
Require
Bind
Thing
I don't think I've had any great success in predicting politics or social change, nor have I really tried.
Paul Krugman
Success
Politics
Great
Change
Think
Tried
Had
Great Success
Nor
Any
Predicting
Social
Social Change
Really
I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction.
Paul Krugman
Science
Political
Kinds
Share
Science Fiction
Least
Scientists
Friends
Fiction
Interest
Certain
Who
But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.
Paul Krugman
Work
Funny
People
Smart
Men
Way
Fact
Up
Very
Wall
Wall Street
In Fact
Who
Chain
Company
Street
To a person of analytical ability, perceptive enough to realise that mathematical equipment was a powerful sword in economics, the world of economics was his or her oyster in 1935. The terrain was strewn with beautiful theorems begging to be picked up and arranged in unified order.
Paul Samuelson
Beautiful
World
Economics
Strewn
Enough
Analytical
Ability
Perceptive
Picked
Powerful
Terrain
Arranged
Equipment
His
Mathematical
Up
Begging
Person
Order
Realise
Unified
Theorems
Sword
Her
It is indeed true that the stock market can forecast the business cycle.
Paul Samuelson
Business
Market
Indeed
True
Forecast
Stock
Stock Market
Cycle
You're not making a decision if you come to a fork in the road. There is no 'it' to take. It's one or the other.
Paul Samuelson
You
Decision
Other
Take
Road
Come
Making
Fork
Fork In The Road
Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.
Paul Samuelson
People
Politicians
Tell
Like
Hear
Want
Happen
Every good cause is worth some inefficiency.
Paul Samuelson
Good
Worth
Cause
Every
Some
Inefficiency
Good Cause
My belief is that nothing that can be expressed by mathematics cannot be expressed by careful use of literary words.
Paul Samuelson
Mathematics
Words
Nothing
Literary
Cannot
Use
Belief
Expressed
Careful
In 1936, money had no important role. Interest rates were one-eighth of one-eighth of one per cent. I did some research, and I found that the interest on one million dollars of ninety-day Treasuries was $37. People didn't even bother to collect it. The Fed wasn't important.
Paul Samuelson
People
Money
Important
Research
Collect
Some
Per
Rates
Fed
Bother
Had
Important Role
Were
Dollars
Role
Did
Cent
Interest
Interest Rates
Even
Found
Million
Million Dollars
When I was a kid, I reckoned things in Hershey bars. Is this worth three Hershey bars to me?
Paul Samuelson
Me
Worth
Three
Hershey
Reckoned
Kid
Bars
Things
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.
Paul Samuelson
Problem
World
Every
Those
Hungry
Rather
Attached
Sharp
Longer
Hands
Stomach
Elbows
Pair
It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office.
Paul Samuelson
Rich
Local
Churchill
Easy
Vegas
Office
Get
Downs
Las Vegas
Things swept so badly that I had distrust - after 1967, let's say - of American Keynesianism. For better or worse, U.S. Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian.
Paul Samuelson
Better
Worse
Say
Distrust
Had
Badly
Am
American
Where
After
Far
Swept
Things
Started
Investing should be dull. It shouldn't be exciting.
Paul Samuelson
Investing
Exciting
Dull
Should
Let me acknowledge that I realize that, in honoring me, the Committee of the Royal Academy of Sciences is in fact saying a good word for all of those of my generation who have been laboring in the same vineyard.
Paul Samuelson
Saying
Good
Me
Generation
Word
Honoring
Those
My Generation
Fact
Academy
Sciences
Been
Same
Committee
In Fact
Acknowledge
Realize
Who
Vineyard
Royal
There's nothing in Keynesian economics that would allow you to solve stagflation. But there's nothing in neoclassical economics that would allow you to solve stagflation, either.
Paul Samuelson
You
Economics
Nothing
Would
Solve
Allow
Either
It is dead wrong about necessary surplus of winnings over losings.
Paul Samuelson
About
Wrong
Over
Dead
Surplus
Necessary
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