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.
Interpretation
The quote reflects on the challenges faced by students in finding job opportunities despite their background and education.
Paul Samuelson's quote illustrates the difficulties many students encounter when they enter the job market, despite being well-educated. He emphasizes that traditional methods of job searching might not work in a changing economic landscape, where supply and demand do not match up effectively. This statement sheds light on the complexities of employment where even diligent efforts can lead to frustrating outcomes, thus highlighting a misalignment in the job market.
In practice
In a university seminar discussing job readiness, this quote can emphasize the competitive nature of the job market.
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.
Economics has never been a science - and it is even less now than a few years ago.
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.
I speak as a man of the world to men of the world; and I say to you, Search the Scriptures! The Bible is the book of all others, to be read at all ages, and in all conditions of human life; not to be read once or twice or thrice through, and then laid aside, but to be read in small portions of one or two chapters every day, and never to be intermitted, unless by some overruling necessity.
In the '70s and '80s there was an attempt in K-12 to teach science through art or art through science. The challenge today is how do you build the ethos of art and design into the academy of science.
When individual members and families immerse themselves in the scriptures regularly and consistently, … other areas of activity will automatically come. Testimonies will increase. Commitment will be strengthened. Families will be fortified. Personal revelation will flow
Above all, a book is a riverbank for the river of language. Language without the riverbank is only television talk - a free fall, a loose splash, a spill.
The examination system, and the fact that instruction is treated mainly as a training for a livelihood, leads the young to regard knowledge from a purely utilitarian point of view as the road to money, not as the gateway to wisdom.
The man who does not read good books has no advantage over the man who cannot read them.
Subscribe for the occasional hand-picked quote. No noise.