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Good questions outrank easy answers.

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.

Economics has never been a science - and it is even less now than a few years ago.

What we know about the global financial crisis is that we don't know very much.

Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does.

Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.

I did not throw out my education lightly, but what I was being taught was of no use in explaining what I saw around me. It was the Great Depression.

Economics is a choice between alternatives all the time. Those are the trade-offs.

The history of the twentieth century - America's century! - has been pretty much a history of rising prices.

I can't think of a president who has been overburdened by a knowledge of economics.

Paul Samuelson