Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Paul Samuelson Quotes: 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.


Paul Samuelson
Check all other quotes by Paul Samuelson

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Paul Samuelson Quotes." Quoteslyfe.com, 2024. Sat. 27 Apr. 2024. <https://www.quoteslyfe.com/quote/Macroeconomics-even-with-all-of-our-computers-943005>.





Check out


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.



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.



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.





Other quotes you may like


A double sided sword is crafted under heat and pressure and comes out ever more beautiful because of it.

A double sided sword is crafted under heat and pressure and comes out ever more beautiful because of it.



You know what they call the fellow who finishes last in his medical school graduating class? They call him 'Doctor.'

You know what they call the fellow who finishes last in his medical school graduating class? They call him 'Doctor.'



Religion, like water, may be free, but when they pipe it to you, you've got to help pay for the piping. And the piper.

Religion, like water, may be free, but when they pipe it to you, you've got to help pay for the piping. And the piper.



One can do something if one can see and understand it.

One can do something if one can see and understand it.



Happiness is like rising bubbles -- delightful and inevitably fleeting. Joy is the oxygen -- ever present.

Happiness is like rising bubbles -- delightful and inevitably fleeting. Joy is the oxygen -- ever present.



The theatre, for all its artifices, depicts life in a sense more truly than history, because the medium has a kindred movement to that of real life, though an artificial setting and form.

The theatre, for all its artifices, depicts life in a sense more truly than history, because the medium has a kindred movement to that of real life, though an artificial setting and form.



Detroit was really fun, FYI, in case anybody wants to go to Detroit. I love it. I did.

Detroit was really fun, FYI, in case anybody wants to go to Detroit. I love it. I did.



I've always noticed a difference between working with a director and working with a writer/director. In how much they're invested and how specific they are.

I've always noticed a difference between working with a director and working with a writer/director. In how much they're invested and how specific they are.



Only truthful hands write true poems. I cannot see any basic difference between a handshake and a poem.

Only truthful hands write true poems. I cannot see any basic difference between a handshake and a poem.



Concerning no subject would [George Bernard] Shaw be deterred by the minor accident of total ignorance from penning a definitive opinion.

Concerning no subject would [George Bernard] Shaw be deterred by the minor accident of total ignorance from penning a definitive opinion.




Quote Description


This page presents the quote "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.". Author of this quote is Paul Samuelson. This quote is about computer, macroeconomics, science, incapable, information,.