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James Tobin

"The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters."

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"The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters."

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Assegid Habtewold

"Physical action [paudgalik kriya] will give only worldly fruits; it will not go in vain. If you plant sugar cane, you will eat sweet food and if you plant bitter gourd, you will eat bitter food. Plant whichever taste appeals to you and if you want liberation [Moksha], then don't plant anything. Stop sowing seeds altogether."

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Assegid Habtewold

"I don't think any one person is the cause of all of someone else's problems."

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Assegid Habtewold

"A cause that only serves me is much like a door on the edge of a cliff, it doesn't open to anywhere good."

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Assegid Habtewold

"So inscrutable is the arrangement of causes and consequences in this world, that a two-penny duty on tea, unjustly imposed in a sequestered part of it, changes the condition of all its inhabitants."

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Assegid Habtewold

"This world is not without causes. There is Moksha [ultimate liberation] when one's causes stops. There is Moksha where everyone's 'claim' is completed. Without a cause, effect does not happen."

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Assegid Habtewold

"Don't speak of action [effect]. Don't serve the action [effect]. It is a result. But serve the causes [do the causes]. Nothing will be achieved unless you serve the cause."

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Assegid Habtewold

"At times one remains faithful to a cause only because its opponents do not cease to be insipid."

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Assegid Habtewold

"Before the effect one believes in different causes than one does after the effect."

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Personal Development

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Assegid Habtewold

"I would like to break out of this dark, brooding image, cause I'm actually not like that at all."

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Assegid Habtewold

"Instead of causing us to remember the past like the old monuments, the new monuments seem to cause us to forget the future."

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James Tobin
"The greatest good fortune of my return to Cambridge in 1946 was that there, in the spring, I met Elizabeth Fay Ringo. We were married a few months later."

Fortune

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James Tobin
"Yale places great stress on undergraduate and graduate teaching. I like teaching, and I do a lot of it."

Education

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James Tobin
"At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory."

Time

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James Tobin
"My father also happened to be an intellectual, as learned, literate, informed, and curious as anyone I have known. Unobtrusively and casually, he was my wise and gentle teacher."

Family

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James Tobin
"The crisis triggered a fertile period of scientific ferment and revolution in economic theory."

Crisis

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James Tobin
"The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters."

Cause

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James Tobin
"Most important, I have learned from my colleagues and students."

Learning

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James Tobin
"After the United States entered the war, I joined the Naval Reserve and spent ninety days in a Columbia University dormitory learning to be a naval officer."

War

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James Tobin
"I was born in Champaign in 1918. From the neighborhood elementary and intermediate schools, I went to the University High School in the twin city, Urbana."

School

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James Tobin
"I studied economics and made it my career for two reasons. The subject was and is intellectually fascinating and challenging, particularly to someone with taste and talent for theoretical reasoning and quantitative analysis."

Talent

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