In this age of specialization, I sometimes think of myself as the last 'generalist' in economics, with interests that range from mathematical economics down to current financial journalism. My real interests are research and teaching.
Interpretation
The quote reflects the value of having a broad knowledge base in a world that often favors specialization.
In this quote, Paul Samuelson expresses a sense of being a 'generalist' in the field of economics, suggesting that while many focus narrowly on specific areas, he values a wide range of interests that encompass both theoretical research and practical journalism. This perspective highlights the importance of interdisciplinary knowledge and the ability to connect various economic concepts and practices, which can enhance understanding and teaching in the field.
In practice
A speaker at a conference on education might use this quote to advocate for a more well-rounded approach to learning.
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.
I can't think of a president who has been overburdened by a knowledge of economics.
My belief is that nothing that can be expressed by mathematics cannot be expressed by careful use of literary words.
Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.
My family was well off but not rich. I spent the four years I was an undergraduate working on the beach. And it wasn't because I was lazy; it was because my freshman class would go to a hundred different employers and wouldn't get a nibble. That was a disequilibrium system. I realized that the ordinary old-fashioned Euclidean geometry didn't apply.
Economics has never been a science - and it is even less now than a few years ago.
To my mind the boy who gives least promise is one in whom the critical faculty develops in advance of the imagination.
Only whites were allowed by law and practice to attend the University of Mississippi - a public institution supported by public dollars. Anything public and supported by public dollars is for me.
Children astound me with their inquisitive minds. The world is wide and mysterious to them, and as they piece together the puzzle of life, they ask 'Why?' ceaselessly.
I am still amazed at the amount of Christian charity [Wellesley] stuck us all with, a kind of glazed politeness in the face of boredom and stupidity. Tolerance, in the worst sense of the word. How marvelous it would have been to go to a women's college that encouraged impoliteness, that rewarded aggression, that encouraged argument.
Books, for me, are a home. Books don’t make a home – they are one, in the sense that just as you do with a door, you open a book, and you go inside. Inside there is a different kind of time and a different kind of space.
Give me a child for the first 5 years of his life and he will be mine forever.
Subscribe for the occasional hand-picked quote. No noise.