Paul Samuelson

"Economics is not about money; it's about life choices."

"The consumer, so it is said, is the king each consumer is a voter who uses his money as votes to get the things done that he wants done."

"Good questions outrank easy answers."

"Samuelson's Law: The recollection of past performance is a poor guide to future results."

"In economics, the majority is always wrong."

"I don't care who writes a nation's laws if I can write its economics textbooks."

"The beautiful thing about knowledge is that it compounds."

"We live in a time of unprecedented challenge and opportunity."

"There are trade-offs in everything."

"To wisely choose, you must know the true advantages and disadvantages of both sides."

"The good is often the enemy of the best."

"An economist is someone who sees something working in practice and wonders if it would work in theory."

"The largest deterrent to free trade is not economic but political."

"Macroeconomics is about the whole system."

"Society must make difficult choices about resource allocation."

"Truth is like a surgical knife - it hurts, but it heals."

"The study of history is a powerful antidote to contemporary arrogance."

"Every man must arrange his life as if he has already decided in favor of those convictions."

"The intellectual property wars of our time will dwarf the economic significance of today's trade disputes."

"There is wisdom in understanding what you don't know."

"Great innovations often come from questioning established wisdom."

"The invisible hand of the market is sometimes quite visible when examined closely."

"One person's utility is not another person's utility."

"Labor is the ultimate source of economic value."

"Competitive markets tend toward equilibrium."

"Monopolies are the enemies of innovation."

"Education is the best investment a society can make."

"The future is inherently uncertain, and that uncertainty matters."

"I have little use for pretense or affectation."

"Courage is the first of human qualities because it is the quality which guarantees all others."