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When finally mastered, its analysis is found to be obvious and at the same time new. In short, it is a work of genius.

— Paul Samuelson

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Intelligence

More quotes by Paul Samuelson

What sex is to the biology classroom, stocks and investment riskiness is to the sophomore economics lecture hall.

Samuelson's Economics at Fifty: Remarks on the Occasion of the Anniversary of Publication (1998)

The stock market has forecast nine of the last five recessions.

Economic theory is a mistress of even too tempting grace.

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.

There is really nothing more pathetic than to have an economist or a retired engineer try to force analogies between the concepts of physics and the concepts of economics.

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Each of these private teachers who work for pay ... inculcates nothing else than these opinions of the multitude which they opine when they are assembled and calls this knowledge wisdom.

Socrates

Most intellectual people do not believe in God, but they fear him just the same.

Wilhelm Reich Philosophy : An Introduction to the Art of Wondering (2005)

Innocence in genius, and candor in power, are both noble qualities.

Anne Louise Germaine de Staël De l’Allemagne [Germany (1813)

Like every 'intellectual', a philosophy teacher is a petty bourgeois. When he opens his mouth, it is petty-bourgeois ideology that speaks: its resources and ruses are infinite.

Louis Althusser Lenin and Philosophy and Other Essays (1968)

Attribution

Quote text and notes from Wikiquote: Paul Samuelson (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.