Paul Romer famous quotes
Last updated: Sep 5, 2024
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I am convinced that both markets and free trade are good, but the traditional answer that we give to students to explain why they are good, the one based on perfect competition and Pareto optimality, is becoming untenable. Something much more interesting and more complicated is going on here
-- Paul Romer -
Human material existence is limited by ideas, not stuff, people don't need copper wires they need ways to communicate, oil was a contaminant, then it became a fuel
-- Paul Romer -
Once we admit that there is room for newness - that there are vastly more conceivable possibilities than realized outcomes - we must confront the fact that there is no special logic behind the world we inhabit, no particular justification for why things are the way they are. Any number of arbitrarily small perturbations along the way could have made the world as we know it turn out very differently.
-- Paul Romer -
In a sense, Britain inadvertently, through its actions in Hong Kong, did more to reduce world poverty than all the aid programs that we’ve undertaken in the last century,
-- Paul Romer -
Growth springs from better recipes, not just from more cooking.
-- Paul Romer -
Every generation has underestimated the potential for finding new ideas . . . Possibilities do not add up. They multiply.
-- Paul Romer
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When valuing a startup, add $500k for every engineer, and subtract $250k for every MBA.
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Love shouldn't make our choices for us; it should just add importance to our choices.
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It is not permissible to add to one's possesions if these things can only be done at the cost of other men. Such development has only one true name, and that is exploitation.
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Women add zest to the unlicensed hours.
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The game of discontent has its rules, and he who disregards them cheats. It is not permitted to you to wish to add another's advantages or possessions to your own; you are permitted only to wish to be another.
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Employers need to recognize that the world has changed and there are people who would like to help them provide solution in ways that are new, modern and that add value to companies.
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When a woman tells the truth she is creating the possibility for more truth around her.
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In athletics, the idea of possibility is presumed. It's not 'if;' it's 'how.'
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We must contemplate some extremely unpleasant possibilities, just because we want to avoid them.
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To be misunderstood can be the writer's punishment for having disturbed the reader's peace. The greater the disturbance, the greater the possibility of misunderstanding.
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