A Quote by Paul Samuelson

Two-thirds of a century after [The Road to Serfdom] got written, hindsight confirms how inaccurate its innuendo about the future turned out to be. — © Paul Samuelson
Two-thirds of a century after [The Road to Serfdom] got written, hindsight confirms how inaccurate its innuendo about the future turned out to be.
But Friedman seemed to share Friedrich Hayek's extreme and inaccurate view that socialism of the sort that Britain embraced under the old Labour Party was incompatible with democracy, and I don't think that there is a good theoretical or empirical basis for that view. The Road to Serfdom flunks the test of accuracy of prediction!
After a moment, Wrath turned to John. "This is Lassiter, the fallen angel. One of the last times he was here on earth, there was a plague in central Europe-" "Okay, that was so not my fault-" "-which wiped out two-thirds of the human population." "I'd like to remind you that you don't like humans." "They smell bad when they're dead." "All you mortal types do.
Other centuries had their driving forces. What will ours have been when men look far back to it one day? Maybe it won't be the American Century, after all. Or the Russian Century or the Atomic Century. Wouldn't it be wonderful, Phil, if it turned out to be everybody's century, when people all over the world--free people--found a way to live together? I'd like to be around to see some of that, even the beginning.
. . I think the Adam Smith role was played in this cycle i.e. the late twentieth century collapse of socialism in which the idea of free-markets succeeded first, and then special events catalyzed a complete change of socio-political policy in countries around the world by Friedrich Hayek's The Road to Serfdom.
It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the automatic response to the oil crisis.
When I found out that they were doing a revival of 'Annie,' I decided to audition just for fun and see how it turned out. So I auditioned, and I got a callback after callback after callback. And I just wanted to be a part of the show; I didn't care what role.
Two thirds of a century ago, we were given a national policy. It was made to fit the conditions of the day.
In a contest between new technology and old ways of life, it is the traditional rhythms that will hold. Traditional societies make up more than two-thirds of the world, the two-thirds that will not be going online to "save" time but will remain wedded to the knowledge that if the bus doesn't come that day, it will come someday. After all, there is nothing but time.
But before looking to the future, let's glance back at the road we've traveled these past two years because that is the source of much of the optimism we are all feeling about the future.
I have two sons now. And just being on the road all the time - I was on the road for about five years straight, and at some point, something clicks inside your head and you think, "Man, I've got to figure out what's going on inside myself," as far as my personal faith.
Two-thirds of American movies are extensions of commercials -- they tell you how to feel and they tell you how to think -- rather than letting you figure it out on your own.
I also wanted to make a record that was about other things than romance, yeah, after two years on the road singing all the songs from the first album, I got kind of tired of that.
It's always amusing to look at how something early in the 20th century was written in anthropology and how it's written now. There's been an enormous shift in how it's done, but yet you can't put your finger on someone who actually did it
It's always amusing to look at how something early in the 20th century was written in anthropology and how it's written now. There's been an enormous shift in how it's done, but yet you can't put your finger on someone who actually did it.
Conservatives believe government's principal functions are the preservation of freedom and removal of restraints on the individual. Liberalism's ascent in the first two-thirds of this century reflected the new belief that government should also confer capacities on individuals. Liberalism's decline in the final third of this century has reflected doubts about whether government can be good at that, or whether government that is good at that is good for the nation's character.
People don't realize that almost two-thirds of the population in the United States lives in a state where either medical or recreational marijuana are now legal. Two-thirds of the country. I am looking at it as kind of a 10th Amendment, states'-rights issue.
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