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Paul Samuelson Quotes: Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.
         

Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.


Paul Samuelson
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Other quotes of Paul Samuelson


Good questions outrank easy answers.

Good questions outrank easy answers.



An intriguing paradox of the 1990s is that it isn't called a decade of greed.

An intriguing paradox of the 1990s is that it isn't called a decade of greed.



I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks.

I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks.



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

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



Macroeconomics, even with all of our computers and with all of our information - is not an exact science and is incapable of being an exact science.

Macroeconomics, even with all of our computers and with all of our information - is not an exact science and is incapable of being an exact science.



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

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



Every good cause is worth some inefficiency.

Every good cause is worth some inefficiency.



A growing nation is the greatest ponzi game ever contrived.

A growing nation is the greatest ponzi game ever contrived.



Profits are the lifeblood of the economic system, the magic elixir upon which progress and all good things depend ultimately. But one man's lifeblood is another man's cancer.

Profits are the lifeblood of the economic system, the magic elixir upon which progress and all good things depend ultimately. But one man's lifeblood is another man's cancer.



Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.





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There's gonna be a lot of great songs, but there ain't going to be another 'Trap Queen.'



That neither our thoughts, nor passions, nor ideas formed by the imagination, exist without the mind, is what every body will allow.

That neither our thoughts, nor passions, nor ideas formed by the imagination, exist without the mind, is what every body will allow.



I am a typed director. If I made Cinderella, the audience would immediately be looking for a body in the coach.

I am a typed director. If I made Cinderella, the audience would immediately be looking for a body in the coach.



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My sorrow is I used to read all the time and now, as a writer, I don't have the time to read.



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...the mayor should not be advancing a policy that encourages [illegal] immigrants to think of New York City as their safe haven.



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Afghanistan must never again be a safe haven for terrorism.



Justice being taken away, then, what are kingdoms but great robberies? For what are robberies themselves, but little kingdoms.

Justice being taken away, then, what are kingdoms but great robberies? For what are robberies themselves, but little kingdoms.



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We are who we are because of who we were




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This page presents the quote "Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.". Author of this quote is Paul Samuelson. This quote is about observation, analysis, economic, related, may, inference, theory, development, defined,.