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Seattle Post-Intelligencer (Free subscription) | 22/11/2009
... to look at any credit-worthy individual who would be willing to assume our note.”Langley Mayor Paul Samuelson said he has since spoken with three people who had previously expressed interest in the property. But so far, no sale.“We have worked with anybody who is interested to let them know that we will do whatever we can to make it work for them,” Samuelson said.The Langley...
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Scrivener.net (Free subscription) | 09/11/2009
" the Soviet economy is proof that, contrary to what many skeptics had earlier believed, a socialist command economy can function and even thrive" -- Paul Samuelson's textbook on economics, probably the most influential ever, 13th Edition, 1989, the year the Soviet eastern block collapsed. Beware what you read in textbooks. Hat tip: Luskin
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Infectious Greed (Free subscription) | 07/11/2009
No idea how I missed this wonderfully inflammatory Paul Samuelson quote from a few weeks back, but it’s a contentious keeper: Had John McCain won [the 2008 election], the present G.D.P. in the United States would have been even lower than it is now by more than 15 percent. More here .
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Sophistpundit (Free subscription) | 07/11/2009
... any of the costs. In my opinion, the guy who really got what public good were all about was not Paul Samuelson, the man who coined the term. Samuelson only thinks about public goods in market failure terms. Public good = suboptimal market provision, therefore add the tax system to extract the funds necessary to provide the optimal amount, which will be provisioned through government....
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The Daily Reckoning Australia (Free subscription) | 09/11/2009
... confidence, followed by debt default and inflation. Would the US actually default? We agree with Paul Samuelson; the answer is 'maybe.' Samuelson, writing in The Washington Post : "The idea that the government of a major advanced country would default on its debt - that is, tell lenders that it won't repay them all they're owed - was, until recently, a preposterous proposition....
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The Cynical Economist (Free subscription) | 08/11/2009
... of confidence, followed by debt default and inflation.Would the US actually default? We agree with Paul Samuelson; the answer is ‘maybe.’ Samuelson, writing in The Washington Post:“The idea that the government of a major advanced country would default on its debt – that is, tell lenders that it won’t repay them all they’re owed – was, until recently, a preposterous proposition....
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University of Alberta Faculty of La (Free subscription) | 07/11/2009
... cancer early on. One tidbit I found fascinating: he is related to Economists and Nobel Laureautes Paul Samuelson and Kenneth Arrow . That is quite the lineage!
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Stationary Bandit (Free subscription) | 04/11/2009
Here is a quick quiz of famous economists and their contributions. I finished in 36 seconds. Maybe I should make it part of the final for my history of economic thought class since they are reading everyone but Becker. I would add questions about John Stuart Mill, Paul Samuelson and F.A. Hayek. (HT: Marginal Revolution)
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Elder of Ziyon (Free subscription) | 28/10/2009
... geniuses in all areas around the world from Albert Einstein to Sigmund Freud to Karl Marx to Paul Samuelson and Milton Friedman, Nobel Prize winner in economics ... and the list goes on. [he then lists a whole bunch of prominent Jews in industry and science.] In conclusion, the Islamic countries do not participate in the making of knowledge and do not participate in the dissemination...
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Grasping Reality with Both Hands (Free subscription) | 22/10/2009
Paul Kedrosky comments: >Newsflash: Economic History Matters: Gosh, here is a surprise: Economist history matters. From an interview in The Atlantic with Paul Samuelson And sends us to: >Q: Very last thing. What would you say to someone starting graduate study in economics? Where do you think the big developments in modern macro are going to be, or in the micro foundations...
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EconomicPolicyJournal.com (Free subscription) | 23/10/2009
... this is in contrast to the savvy investing of the former heavyweight economic textbook champion, Paul Samuelson.While attacking gold in every edition of his best selling text, in the 1970's Samuelson turned a good chunk of his fortune over to Princeton Commodities, who then proceeded to make another fortune for him by buying gold and other commodities that soared in price during...
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Mises Economics Blog (Free subscription) | 16/10/2009
It is not often that Paul Samuelson and Paul Krugman are indicted for lack of fidelity to Keynes, but this is exactly Paul Davidson's complaint against them. He says they have been untrue to Keynes's radical vision. FULL ARTICLE...
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LATICONOMICS (Free subscription) | 17/10/2009
The Keynes Solution? Mises Daily by David Gordon It is not often that Paul Samuelson and Paul Krugman are indicted for lack of fidelity to Keynes, but this is exactly Paul Davidson's complaint against them. Davidson is a leading Post Keynesian, who holds that almost all economists, even professed Keynesians, have been untrue to the radical vision of The General Theory. The...
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The Mises Institute (Free subscription) | 16/10/2009
It is not often that Paul Samuelson and Paul Krugman are indicted for lack of fidelity to Keynes, but this is exactly Paul Davidson's complaint against them. He says they have been untrue to Keynes's radical vision.