Paul Romer Quotes

• Growth springs from better recipes, not just from more cooking.

  Paul Romer

  Spring, Cooking, Growth

  18 Copy quote

• Every generation has underestimated the potential for finding new ideas . . . Possibilities do not add up. They multiply.

  Paul Romer

  Ideas, Add, Generations

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• 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

  Ideas, Oil, People

  11 Copy quote

• Possibilities don't add up, they multiply.

  Paul Romer

  Law Of Attraction, Add, Possibility

  "Economic Growth". www.econlib.org.

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• 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

  Wisdom, Numbers, Special

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• Never waste a crisis.

  Paul Romer

  Waste, Crisis

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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

  Perfect, Interesting, Giving

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• 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

  World, Lasts, Poverty

  11 Copy quote

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