Florilèges quotes Paul Samuelson (1915 -): American economist. Important theorist, his work marked a turning point in economic science. He tried to make a synthesis between neoclassical and Keynesian approach. his book "Economics: an introductory analysis" he published in 1948 (it will be published in France under the title "The Economic ") is the book Saving the best selling to date. He was economic adviser to President John Kennedy in the 60s. He received the Nobel Prize in Economics in 1970.
"The extent to which staff members are ready to save the economy can devote resources to capital formation. "
Paul Samuelson Economics, 1948
"The economy is not a complete discipline, but science itself always developing. "
Paul Samuelson, Economics, 1948
" Economics Research how men and society choose, or not making use of money to allocate scarce productive resources to production through time, goods and various services and allocate them for purposes of consumption present and future, between individuals and communities constituents of society. "
Paul Samuelson, Economics, 1948
" Of course, any country that is underdeveloped in the sense that, not yet managed to exhaust its virtual possibilities he can continue to move in the path of technological progress. "
Paul Samuelson, Economics, 1948
" When monopolistic imperfections cause deviations from the ideal of competitive pricing, [...] it is for authorities to investigate whether democratic control would improve the situation or they might, instead, to make it worse. "
Paul Samuelson, Economics, 1948
" The dog of a wealthy rentier can lick the milk from which a poor child would need to guard against rickets. "
Paul Samuelson, Economics, 1948
" Why are we, in general, people decide what shoes they buy with their money, so we do not allow them to buy from heroin or LSD. "
Paul Samuelson, Economics, 1948
"In a market, prices coordinate decisions of producers and consumers. Higher prices tend to reduce consumer purchases and to stimulate production. Lower prices encourage consumption and discourage production. The prices are the backbone of the market mechanism. "
Paul Samuelson, Economics, 1948
" What advantage is there for a young American negro to know that an employer must pay 1.6 dollars per hour worked if the very fact that her salary has been prevented from finding a job? "
Paul Samuelson, Economics, 1948
"Money, as money [...] is desired, not for herself but for the things it can buy. "
Paul Samuelson, Economics, 1948
" Macroeconomics deals with the big picture - namely macro aggregates "consisting of the national income, employment levels and overall levels of price. "
Paul Samuelson, Economics, 1948
" The consumer is basically the king [...] Each voter is a consumer who decides, by its vote, that something will be done because he wants it done. "
Paul Samuelson, Economics, 1955
" The consumer is in fact the king. [...] Each voter is a consumer who decides, by its vote, that something will be done because he wants it done. "
Paul Samuelson, quoted in John Kenneth Galbraith in his book, The New Industrial State, 1968
" In a market, prices coordinate decisions of producers and consumers. Higher prices tend to reduce consumer purchases and to stimulate production. Lower prices encourage consumption and discourage production. The prices are the backbone of the market mechanism. "
Paul Samuelson and WD Nordhaus, Microeconomics, 1985
" Economists are like Eskimos who sleep eight in one bed and sleep all the same side, when one of them turns and eight are returning. "
Paul Samuelson, quoted by JM Albertini Sub and men, 1985
" Profits are the lifeblood of the economic system, the magic elixir upon which all progress. But the blood of a person may be cancer for another. "
Paul Samuelson, Speech
"The extent to which staff members are ready to save the economy can devote resources to capital formation. "
Paul Samuelson Economics, 1948
"The economy is not a complete discipline, but science itself always developing. "
Paul Samuelson, Economics, 1948
" Economics Research how men and society choose, or not making use of money to allocate scarce productive resources to production through time, goods and various services and allocate them for purposes of consumption present and future, between individuals and communities constituents of society. "
Paul Samuelson, Economics, 1948
" Of course, any country that is underdeveloped in the sense that, not yet managed to exhaust its virtual possibilities he can continue to move in the path of technological progress. "
Paul Samuelson, Economics, 1948
" When monopolistic imperfections cause deviations from the ideal of competitive pricing, [...] it is for authorities to investigate whether democratic control would improve the situation or they might, instead, to make it worse. "
Paul Samuelson, Economics, 1948
" The dog of a wealthy rentier can lick the milk from which a poor child would need to guard against rickets. "
Paul Samuelson, Economics, 1948
" Why are we, in general, people decide what shoes they buy with their money, so we do not allow them to buy from heroin or LSD. "
Paul Samuelson, Economics, 1948
"In a market, prices coordinate decisions of producers and consumers. Higher prices tend to reduce consumer purchases and to stimulate production. Lower prices encourage consumption and discourage production. The prices are the backbone of the market mechanism. "
Paul Samuelson, Economics, 1948
" What advantage is there for a young American negro to know that an employer must pay 1.6 dollars per hour worked if the very fact that her salary has been prevented from finding a job? "
Paul Samuelson, Economics, 1948
"Money, as money [...] is desired, not for herself but for the things it can buy. "
Paul Samuelson, Economics, 1948
" Macroeconomics deals with the big picture - namely macro aggregates "consisting of the national income, employment levels and overall levels of price. "
Paul Samuelson, Economics, 1948
" The consumer is basically the king [...] Each voter is a consumer who decides, by its vote, that something will be done because he wants it done. "
Paul Samuelson, Economics, 1955
" The consumer is in fact the king. [...] Each voter is a consumer who decides, by its vote, that something will be done because he wants it done. "
Paul Samuelson, quoted in John Kenneth Galbraith in his book, The New Industrial State, 1968
" In a market, prices coordinate decisions of producers and consumers. Higher prices tend to reduce consumer purchases and to stimulate production. Lower prices encourage consumption and discourage production. The prices are the backbone of the market mechanism. "
Paul Samuelson and WD Nordhaus, Microeconomics, 1985
" Economists are like Eskimos who sleep eight in one bed and sleep all the same side, when one of them turns and eight are returning. "
Paul Samuelson, quoted by JM Albertini Sub and men, 1985
" Profits are the lifeblood of the economic system, the magic elixir upon which all progress. But the blood of a person may be cancer for another. "
Paul Samuelson, Speech
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