I can't think of a president who has been overburdened by a knowledge of economics.
Paul SamuelsonRead
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.
Interpretation
What this quote means
Understanding mathematics can unlock tremendous opportunities in the field of economics.
In this quote, Paul Samuelson emphasizes the importance of analytical thinking and mathematical prowess in the realm of economics. He suggests that for individuals who possess these skills, the study of economics in 1935 offered abundant opportunities as it was rich with theoretical concepts waiting to be explored and organized.
Themes
EconomicsMathematicsTheoremsAnalysisOpportunity
In practice
Example use cases
A university lecturer could use this quote to inspire students in an economics class.
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