52 Quotes by Paul Romer

A crisis is a terrible thing to waste.

Possibilities don’t add up, they multiply.

Never waste a crisis.

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

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.

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.

My number-one recommendation is to invest in people. Humans that are well trained are the inputs into this discovery process. And there's big opportunities still, I think, to do a better job of investing in people.

For a nation, the choices that determine whether income doubles in one generation or two dwarf all other economic policy concerns.

No one from Charter Cities, can have any financial interest in any project in Honduras; no one can accept consulting fees from the Honduran government; no one can accept reimbursement for travel expenses or accommodations; no one can provide advice to any for-profit entity that wants to invest in Honduras.