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Paul A. Samuelson Quotes
An intriguing paradox of the 1990s is that it isn't called a decade of greed.
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Asia's governments come in two broad varieties: young, fragile democracies - and older, fragile authoritarian regimes.
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Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does.
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Economics has never been a science - and it is even less now than a few years ago.
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Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
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Good questions outrank easy answers.
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Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.
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Self-deception ultimately explains Japan's plight. The Japanese have never accepted that change is in their interest - and not merely a response to U.S. criticism.
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Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles.
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The problem is no longer that with every pair of hands that comes into the world there comes a hungry stomach. Rather it is that, attached to those hands are sharp elbows.
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Wall Street indices predicted nine out of the last five recessions!
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What we know about the global financial crisis is that we don't know very much.
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