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Paul Samuelson Quotes: 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.


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.



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.



Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.

Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.





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Mr. Franz, I think careers are a 20th century invention and I don't want one.

Mr. Franz, I think careers are a 20th century invention and I don't want one.



Leaders must served and not to be served as demonstrated by Jesus Christ, the Saviour.

Leaders must served and not to be served as demonstrated by Jesus Christ, the Saviour.



Books have a vital place in our culture. They are the source of ideas, of stories that engage and stretch the imagination and most importantly, inspire.

Books have a vital place in our culture. They are the source of ideas, of stories that engage and stretch the imagination and most importantly, inspire.



I think historically America has been pretty tolerant. It seems when there's a mass influx from one place, that's when it becomes problematic for Americans.

I think historically America has been pretty tolerant. It seems when there's a mass influx from one place, that's when it becomes problematic for Americans.



I would not pre-pay. I would invest instead and let the investments cover it.

I would not pre-pay. I would invest instead and let the investments cover it.



In America, we collect more digital communications from America than we do from the Russians.

In America, we collect more digital communications from America than we do from the Russians.



Many children work hard to please their parents, but what I truly longed for was good times that were about us, not about me. That is the real hole the Dodgers filled in my life.

Many children work hard to please their parents, but what I truly longed for was good times that were about us, not about me. That is the real hole the Dodgers filled in my life.



This nation has never lived without independence. We cannot and shall not live without it. Either independence or death.

This nation has never lived without independence. We cannot and shall not live without it. Either independence or death.



Surely you’re not going to practice discretion now?

Surely you’re not going to practice discretion now?



Plain free-weight squats work better for me than anything.

Plain free-weight squats work better for me than anything.




Quote Description


This page presents the quote "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.". Author of this quote is Paul Samuelson. This quote is about elixir, men, one man, economic, another man, magic, cancer, good things, progress,.