Economics never was a dismal science. I should be a realistic science.
Samuelson, Paul Anthony; Puttaswamaiah, K. (2002). Paul Samuelson and the Foundations of Modern Economics. p. 10.
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
The stock market has forecast nine of the last five recessions.Paul Samuelson
The recent market run-up that appreciated run-of-the- mill shares also chanced to send up those token gold holdings. Pure luck, undeserved and unlikely to reoccur. Good questions outrank easy answers.Paul Samuelson
Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.Paul Samuelson
The consumer, so it is said, is the king each is a voter who uses his money as votes to get the things done that he wants done.Paul Samuelson
What good does it do a black youth to know that an employer must pay him $2 an hour if the fact that he must be paid that amount is what keeps him from getting a job?Paul Samuelson