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Paul Samuelson Quotes: When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave the same advice. But in between he didn't change his advice at all.
         

When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave the same advice. But in between he didn't change his advice at all.


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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Whatever we sayWe're always telling each other exactly what we want them to know...We are always telling each otherThe truthEven when We're lying

Whatever we sayWe're always telling each other exactly what we want them to know...We are always telling each otherThe truthEven when We're lying



I think women have an innate ability to be intuitive with people that they truly love, but they have to trust that inner voice, and I think it is there. I think we are more intuitive than men.

I think women have an innate ability to be intuitive with people that they truly love, but they have to trust that inner voice, and I think it is there. I think we are more intuitive than men.



I know I'm stronger in the songs than I really am. Sometimes I need to hear it myself. We all need to hear those empowering songs to remind us.

I know I'm stronger in the songs than I really am. Sometimes I need to hear it myself. We all need to hear those empowering songs to remind us.



In some cases, some people do get depressed in the middle of their grief and they really need to be treated for depression.

In some cases, some people do get depressed in the middle of their grief and they really need to be treated for depression.



Moonlight making crosses on your body, and me putting my mouth on every one.

Moonlight making crosses on your body, and me putting my mouth on every one.



Make haste! The tide of Fortune soon ebbs.

Make haste! The tide of Fortune soon ebbs.



The only effect of public punishment is to show the rabble how bravely it can be borne; and that every one who hath lost a toe-nail hath suffered worse.

The only effect of public punishment is to show the rabble how bravely it can be borne; and that every one who hath lost a toe-nail hath suffered worse.



I have to change to stay the same.

I have to change to stay the same.



Set a strong guard about thy outward senses: these are Satan's landing places, especially the eye and the ear.

Set a strong guard about thy outward senses: these are Satan's landing places, especially the eye and the ear.




Quote Description


This page presents the quote "When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave the same advice. But in between he didn't change his advice at all.". Author of this quote is Paul Samuelson. This quote is about economy, milton, advice, change,.