Unemployment Quotes (2 quotes)
If we follow the advice of these people [who oppose nuclear power, increased strip-mining and stepped-up off-shore oil exploration], we might as well go back into the cave right away. There would be incredible unemployment. Food production would be cut severely. In that direction lies catastrophe.
In address at City College, reported in Victor K. McElheny, 'Hans Bethe Urges U.S. Drive for Atom Power and Coal', The New York Times (14 Dec 1974), 58.
My decision to leave applied mathematics for economics was in part tied to the widely-held popular belief in the 1960s that macroeconomics had made fundamental inroads into controlling business cycles and stopping dysfunctional unemployment and inflation.
Nobel Banquet Speech (1995). Collected in Tore Frängsmyr (ed.), Les Prix Nobel/Nobel Lectures/The Nobel Prizes.
In science it often happens that scientists say, 'You know that's a really good argument; my position is mistaken,' and then they would actually change their minds and you never hear that old view from them again. They really do it. It doesn't happen as often as it should, because scientists are human and change is sometimes painful. But it happens every day. I cannot recall the last time something like that happened in politics or religion.
(1987) --
Carl Sagan
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