A Quote by Paul Samuelson
Two factors explain our success. One, MIT's renaissance after World War II as a federally supported research resource. Two, the mathematical revolution in macro- and micro-economic theory and statistics. This was overdue and inevitable, MIT was the logical place for it to flourish.
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I thought of killing myself but soon decided that I could always try MIT and then kill myself later if it was that bad but that I couldn't commit suicide and then try MIT afterwards. The two operations, suicide and going to MIT, don't commute.
I had spent the summer of 1966 working at MIT in the group that was the MIT component of the Multics effort.
I moved to MIT from Stanford in 1984 to teach, and became the founding director of MIT's Computer Science and Artificial Intelligence Lab.
After World War II, scientific research in the U.S. was well supported. In the 1960s, when I came to America, the sky was the limit, and this conducive atmosphere enabled many of us to pursue esoteric research that resulted in America winning the lion's share of Nobel Prizes.
I was at a speaking engagement for MIT... and I said, 'The Professor has all sorts of degrees, including one from this very institution [MIT]! And that's why I can make a radio out of a coconut, and not fix a hole in a boat!'
Dr. Karel Culik is an outstanding applied mathematician, a specialist in algebra, logic, computer sciences and mathematical linguistics. In 1965, he visited the linguistics research program at MIT, and we have worked together on several projects since.
My interest in Virtual Reality (VR) films began for me when I began a fellowship with MIT's Open Documentary Lab. It was a profound experience to be on MIT's campus one day a week and to enter a new world of storytelling where breaking convention and traditional methods were expected. This was deeply challenging and inspiring.
After World War II it was decided that, in order to prevent the Germans and the French from having another war, it would be better to tie them together into one economic pact so they would invest in each other and have mutual stakes. Until now, that has worked to prevent warfare between the two.
I didn't even know about MIT until two weeks before I applied.
I think what they've been doing is largely almost in firefighting mode without a good conceptual framework - either at the micro or the macro level. Micro, you would ask: "What kind of financial or banking system do we want?" Macro, you would say: "What are the underlying problems in the structure of our economy?"
I played in a couple of really crummy bands, including one in the dorm I was in at MIT, for a year or two.
As far as world war goes, there are really only two possibilities: either war provokes revolution, or revolution averts war.
There is a myth that the New Deal programs on their own pulled the US out of the Great Depression and created the conditions for the economic boom after World War II. As an economist, I can tell you, that is not true. In reality, it was mainly World War II that launched the boom - the massive war mobilization, the horrifying destruction and death caused by it, and then the reconstruction in its aftermath. he US was the only advanced capitalist country that was not bombed during the war.
We shall see that the mathematical treatment of the subject [of electricity] has been greatly developed by writers who express themselves in terms of the 'Two Fluids' theory. Their results, however, have been deduced entirely from data which can be proved by experiment, and which must therefore be true, whether we adopt the theory of two fluids or not. The experimental verification of the mathematical results therefore is no evidence for or against the peculiar doctrines of this theory.
I actually love history. I've devoured book after book of stories from World War I and World War II. They're really two sections of world history that really interest me. I knew very extensively a lot about World War I.
Americans, particularly after World War II, tended to romanticize war because in World War II our cause was the cause of humanity, and our soldiers brought home glory and victory, and thank God that they did. But it led us to romanticize it to some extent.
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