Robert J. Samuelson Quotes

Probably the only people left who think that economics deserves a Nobel Prize are economists. It confirms their conceit that they're doing 'science' rather than the less tidy task of observing the world and trying to make sense of it. This, after all, is done by mere historians, political scientists, anthropologists, sociologists, and (heaven forbid) even journalists. Economists are loath to admit that they belong in such raffish company.

One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and financial crisis in decades - possibly since the Great Depression - and the one group that spends most of its waking hours analyzing the economy basically missed it.

If President Clinton has his way, we will have a false debate in the 1996 election campaign. It will not engage real political choices - choices framed by our appetite for government services and our distaste for taxes - but rather artificial choices crafted by Clinton to advance his reelection. Clinton has clearly been using the budget as an election platform ... I dislike using the word 'lies,' but Clinton exploits such forbearance (widespread in the press) to spread untruths.

People prefer to be with people like themselves. For all the celebration of 'diversity,' it's sameness that dominates. Most people favor friendship with those who have similar backgrounds, interests and values. It makes for more shared experiences, easier conversations, and more comfortable silences. Despite many exceptions, the urge is nearly universal. It's human nature.