American society was economically ill-run in the 1980s. Our society has been on a consumption binge. If the American people had a town meeting and said, 'What do we care about posterity? Posterity hasn't done anything for us; we're going to whoop it up now,' that is a rational judgment. But nobody ever did that.
タグ: nobody, care, society, people

"Paul Samuelson"の他の名言

The history of the twentieth century - America's century! - has been pretty much a history of rising prices.
タグ: rising, pretty, america, history
Let those who will - write the nation's laws - if I can write its textbooks.
タグ: nation, who, i-can, will
Things swept so badly that I had distrust - after 1967, let's say - of American Keynesianism. For better or worse, U.S. Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian.
タグ: things, ahead, better, i-am
It is dead wrong about necessary surplus of winnings over losings.
タグ: over, about, wrong, dead
In this age of specialization, I sometimes think of myself as the last 'generalist' in economics, with interests that range from mathematical economics down to current financial journalism. My real interests are research and teaching.
タグ: think, research, age, myself
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