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"But while I loved all of these courses, there was an irresistible attraction of economics."
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"The economic base of a nation, is the foundation of the it's secrets."
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Personal Development

"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."
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Personal Development

"A farmer is a magician who produces money from the mud."
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Personal Development

"Because of the power that we have given money: The government would rather have taxpayers who do not vote, than voters who do not pay tax."
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Personal Development

"Not every single broke and unemployed person needs a job, some need customers."
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Personal Development

"Civilization transformed man from a food gatherer to a gatherer of pieces of paper: diplomas, employment contracts, money, etc."
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Personal Development

"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."
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Personal Development

"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"
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Personal Development

"Development of states, urbanization, mechanization and industrialisation have all brought phenomenal strides to growth and prosperity of economies and their populace. They have also brought with them the insatiable need for energy resources with the related offspring of instability, conflict, war and corruption."
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Personal Development

"During the gold rush its a good time to be in the pick and shovel business."
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"Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist."
Development

"Amherst is a liberal arts college, committed to providing students with a broad education."
Education

"My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth."
Change

"But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs."
Action

"Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them."
Sports

"The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy."
Policy

"I grew up in a family in which political issues were often discussed, and debated intensely."
Family

"The notion that every well educated person would have a mastery of at least the basic elements of the humanities, sciences, and social sciences is a far cry from the specialized education that most students today receive, particularly in the research universities."
Education

"Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation."
Work

"But while I loved all of these courses, there was an irresistible attraction of economics."
Economy
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