To a person of analytical ability, perceptive enough to realise that mathematical equipment was a powerful sword in economics, the world of economics was his or her oyster in 1935. The terrain was strewn with beautiful theorems begging to be picked up and arranged in unified order.
I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks.
Interpretation
What this quote means
The quote emphasizes the importance of economic education in shaping a society's values and decisions, more than political laws or treaties.
In this quote, Paul Samuelson highlights the profound impact of education, particularly in economics, on a nation's structure and future. He suggests that the way people understand and engage with economic concepts can influence their actions and beliefs more than the laws and treaties that govern them. By stating that he doesn't care about who writes laws, he implies that knowledge and education in economics are foundational to everything else in society.
Themes
In practice
Example use cases
In a speech addressing a community college graduation, one could use this quote to stress the importance of education in shaping future leaders.
More from Paul Samuelson
All quotes →I can't think of a president who has been overburdened by a knowledge of economics.
My belief is that nothing that can be expressed by mathematics cannot be expressed by careful use of literary words.
Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.
My family was well off but not rich. I spent the four years I was an undergraduate working on the beach. And it wasn't because I was lazy; it was because my freshman class would go to a hundred different employers and wouldn't get a nibble. That was a disequilibrium system. I realized that the ordinary old-fashioned Euclidean geometry didn't apply.
Economics has never been a science - and it is even less now than a few years ago.
Similar quotes
As a historically voracious reader - pre-baby, I averaged a book every week or two, and when I was a kid, I'd routinely read a book a day - I never understood how some people could not read. When I heard people say they didn't have time to read, in my head, I simultaneously pitied and ridiculed them: there was always time to read.
Most books about writing are filled with bullshit. Fiction writers, present company included, don’t understand very much about what they do—not why it works when it’s good, not why it doesn’t when it’s bad.
My denial and irresponsible attitude about asthma put me at great risk and caused me so much needless suffering. My hope is that the kids I talk to learn to open up about their asthma, become educated about their condition, and seek help.
Perhaps I could best describe my experience of doing mathematics in terms of entering a dark mansion. You go into the first room and it's dark, completely dark. You stumble around, bumping into the furniture. Gradually, you learn where each piece of furniture is. And finally, after six months or so, you find the light switch and turn it on. Suddenly, it's all illuminated and you can see exactly where you were. Then you enter the next dark room.
Man's real genius and knowledge remains preserved in books
Children's books aren't textbooks. Their primary purpose isn't supposed to be "Pick this up and it will teach you this." It's not how literature should be. You probably do learn something from every book you pick up, but it might be simply how to laugh.