I'm not sure most of the people that get caught up in the middle of a bubble can be described as irrational. It seems pretty rational to buy a house and flip it in the next few weeks at a profit when that's been happening for along time.
Good questions outrank easy answers. - Paul Samuelson
Good questions outrank easy answers.
- Paul Samuelson
I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks. - Paul Samuelson
I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks.
Economics never was a dismal science. It should be a realistic science. - Paul Samuelson
Economics never was a dismal science. It should be a realistic science.
Even fans of actively managed funds often concede that most other investors would be better off in index funds. But buoyed by abundant self-confidenc… - Paul Samuelson
Even fans of actively managed funds often concede that most other investors would be better off in index funds. But buoyed by abundant self-confidenc…
First, those who disagree with market efficiency simply assert that it stands to common sense that greater effort to get facts and greater acumen in … - Paul Samuelson
First, those who disagree with market efficiency simply assert that it stands to common sense that greater effort to get facts and greater acumen in …
What we know about the global financial crisis is that we don't know very much. - Paul Samuelson
What we know about the global financial crisis is that we don't know very much.
Politicians like to tell people what they want to hear - and what they want to hear is what won't happen. - Paul Samuelson
Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.
The stock market has predicted nine of the last five recessions. - Paul Samuelson
The stock market has predicted nine of the last five recessions.
Every good cause is worth some inefficiency. - Paul Samuelson
Every good cause is worth some inefficiency.
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