two-factors-success-one-mits-renaissance-world-war-ii-federally-research

Two factors explain our success. One, MIT's renaissance after World War II as a federally supported research resource. Two, the mathematical revolution in macro- and micro-economic theory and statistics. This was overdue and inevitable, MIT was the logical place for it to flourish.

Paul Samuelson
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Paul Samuelson's Popular Quotes

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

Economics never was a dismal science. It should be a realistic science.

- Paul Samuelson

What we know about the global financial crisis is that we don't know very much.

- 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…

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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 …

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The stock market has predicted nine of the last five recessions.

- Paul Samuelson

Every good cause is worth some inefficiency.

- Paul Samuelson

Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.

- Paul Samuelson
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