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Keynes's contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us was a way of thinking about the magnitude and the dimensions and so forth.
Paul Samuelson
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"Keynes's contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us was a way of thinking about the magnitude and the dimensions and so forth."
— Paul Samuelson #moneywealth #politicsgovernment

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Keynes's contribution was not just to advocate spending government money in the middle of a re…

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Keynes's contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us was a way of thinking about the magnitude and the dimensions and so forth. — Paul Samuelson

About Paul Samuelson

Paul Samuelson was a Economist from United States (1915–2009).

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Frequently Asked Questions

Who said "Keynes's contribution was not just to advocate spending government money in the…"?
This quote is attributed to Paul Samuelson, a Economist from United States.
When did Paul Samuelson live?
Paul Samuelson lived from 1915 – 2009.
What is this quote about?
This quote touches on Money & Wealth, Politics & Government. Browse more quotes on these themes from the categories page.