Quotes about Paul Samuelson

4 Sourced Quotes

There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists... Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them.

Joseph Stiglitz

No monetarist, certainly not Friedman, welcomed this side-effect of monetary restraint. But then again, had Friedman been listened to earlier (and had the likes of Paul Samuelson been ignored), things would never have come to this tragic stage. By way of analogy, should we blame those who would end the war in Iraq, and who opposed it all along, for the tragic consequences that are likely to follow any rapid U. S withdrawal?

When once asked what was missing from his classic textbook, Nobel laureate Paul Samuelson is reported to have responded, "the class struggle."

I was a very polite person, though. Paul Samuelson tells these stories how he used to correct his professors. I assume that's true. But I wasn't that type.