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Paul Samuelson Quotes: Marshall's crime is to pretend to handle imperfect competition with tools only applicable to perfect competition.
         

Marshall's crime is to pretend to handle imperfect competition with tools only applicable to perfect competition.


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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I knew her so well that I loved her, or maybe I loved her so well that I knew her. I didn't want to fight her anymore. I wanted to quit. I wanted to go home. So I blew up her planet.

I knew her so well that I loved her, or maybe I loved her so well that I knew her. I didn't want to fight her anymore. I wanted to quit. I wanted to go home. So I blew up her planet.



The face is the mirror of the mind, and eyes without speaking confess the secrets of the heart.

The face is the mirror of the mind, and eyes without speaking confess the secrets of the heart.



Worry is a down payment on a problem you may never have. It doesn't empty tomorrow of its sorrow, just empties today of its strength.

Worry is a down payment on a problem you may never have. It doesn't empty tomorrow of its sorrow, just empties today of its strength.



SATIETY, n. The feeling that one has for the plate after he has eaten its contents, madam.

SATIETY, n. The feeling that one has for the plate after he has eaten its contents, madam.



Americans stick their nose where it doesn't belong more than Cyrano de Bergerac giving head.

Americans stick their nose where it doesn't belong more than Cyrano de Bergerac giving head.



What frightens me is that men are content with what is not life at all.

What frightens me is that men are content with what is not life at all.



Life is a mask through which the universe expresses itself.

Life is a mask through which the universe expresses itself.



Love should bring joy, it should grant a person peace, but here and not, it was bringing only pain.

Love should bring joy, it should grant a person peace, but here and not, it was bringing only pain.



until you got ice cream spilled on you, you’re not doing field work

until you got ice cream spilled on you, you’re not doing field work



To know yourself is the first and most important step in pursuing your dreams and goals.

To know yourself is the first and most important step in pursuing your dreams and goals.




Quote Description


This page presents the quote "Marshall's crime is to pretend to handle imperfect competition with tools only applicable to perfect competition.". Author of this quote is Paul Samuelson. This quote is about perfect, crime, competition, imperfect, tools, handle,.