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 had just taken to reading. I had just discovered the art of leaving my body to sit impassive in a crumpled up attitude in a chair or sofa, while I wandered over the hills and far away in novel company and new scenes... My world began to expand very rapidly,... the reading habit had got me securely.
The ancient superficial idea of the uniform and progressive growth of the human personality has remained unaltered, and the erroneous belief has persisted that it is the duty of the adult to fashion the child according to the pattern required by society.
My Head of House said I lacked certain necessary qualities...like the ability to behave myself.
Being considerate of others will take your children further in life than any college degree.
In days of doubt, in days of dreary musings on my country's fate, you alone are my comfort and support, oh great, powerful, righteous, and free Russian language!
As a little girl, I didn't like stories about little girls. I liked stories about dragons and beasts and princes and princesses and fear and terror and the Four Musketeers and almost anything other than nice little girls making moral decisions about whether to tell the teacher about what the other little girl did or did not do.
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