A Quote by Paul Samuelson

Avoiding inflation is not an absolute imperative but rather is one of a number of conflicting goals that we must pursue and that we may often have to compromise. — © Paul Samuelson
Avoiding inflation is not an absolute imperative but rather is one of a number of conflicting goals that we must pursue and that we may often have to compromise.
'Eternal inflation,' as it's called - the endless generation of new universes - may be a hyper-cosmic imperative. It seems that it must happen.
There are similarities between absolute power and absolute faith: a demand for absolute obedience, a readiness to attempt the impossible, a bias for simple solutionsto cut the knot rather than unravel it, the viewing of compromise as surrender. Both absolute power and absolute faith are instruments of dehumanization. Hence, absolute faith corrupts as absolutely as absolute power.
If there is no absolute moral standard, then one cannot say in a final sense that anything is right or wrong. By absolute we mean that which always applies, that which provides a final or ultimate standard. There must be an absolute if there are to be morals, and there must be an absolute if there are to be real values. If there is no absolute beyond man's ideas, then there is no final appeal to judge between individuals and groups whose moral judgments conflict. We are merely left with conflicting opinions.
Because food and energy prices are volatile, it is often helpful to look at inflation excluding those two categories - known as core inflation - which is typically a better indicator of future overall inflation than recent readings of headline inflation.
I think too often you see parts being taken from one engine to go onto another... That's been too much of a theme over the whole hybrid era, and that must compromise dyno time, that must compromise endurance running, and so on.
Compromise" is so often used in a bad sense that it is difficult to remember that properly it merely describes the process of reaching an agreement. Naturally there are certain subjects on which no man can compromise. For instance, there must be no compromise under any circumstances with official corruption, and of course no man should hesitate to say as much.
I think democracies are prone to inflation because politicians will naturally spend [excessively] - they have the power to print money and will use money to get votes. If you look at inflation under the Roman Empire, with absolute rulers, they had much greater inflation, so we don't set the record. It happens over the long-term under any form of government.
If I devote myself to other pursuits and contemplations, I must first see, at least, that I do not pursue them sitting upon another man's shoulders. I must get off him first, that he may pursue his contemplations too.
If we are to achieve long-range goals, we must learn to set up and accomplish short-range goals that will move us along the way. If we do not consciously select our goals, we may be controlled by goals not of our own choosing - goals imposed by outside pressures (such as the expectations of others) or by our habits (such as procrastination) or by our desire for the approval of the world.
If you're avoiding sin and living morally so that God will have to bless you and save you, then you may be looking to Jesus as a teacher, model, and helper, but ironically you are avoiding him as Savior. You are trusting in your own goodness rather than in Jesus for your standing with God.
we compromise our career goals to make room for partners and children who may not even exist yet
The people, the ultimate governors, must have absolute freedom of, and therefore privacy of, their individual opinions and beliefs regardless of how suspect or strange they may appear to others. Ancillary to that principle is the conclusion that an individual must also have absolute privacy over whatever information he may generate in the course of testing his opinions and beliefs.
For me, the American Dream was to go racing; for others, it's to pursue whatever their goals may be.
I often see cases of Internet news where there's no reconciliation for what's gone before and what's newly arrived. That training for me - which was absolutely brutal and I was terrified - was so important, especially later in life when one was faced with conflicting stories and conflicting evidence.
Where conflicting interests must be reconciled, the question shall always be answered from the standpoint of the greatest good of the greatest number in the long run.
We simply must look beyond partisan goals and find common ground as Americans. It is imperative that the Members of Congress recognize that partisanship will not serve the American people.
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