Paul Romer Quotes

#1. Possibilities don't add up, they multiply.

Paul Romer

#2. 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

#3. A crisis is a terrible thing to waste.

Paul Romer

#4. 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

#5. Growth springs from better recipes, not just from more cooking.

Paul Romer

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

Paul Romer

#7. 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