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Subject:	Re: Inquiry: Source for Samuelson quote
From:	"Marglin, Stephen" <[log in to unmask]>
Reply To:	Societies for the History of Economics <[log in to unmask]>
Date:	Fri, 26 Sep 2014 19:11:29 +0000
Content-Type:	text/plain
Parts/Attachments:	text/plain (21 lines)

Yes, it's in his elementary text, at least in my copy of the 3rd edition.  Steve Marglin

-----Original Message-----
From: Societies for the History of Economics [mailto:[log in to unmask]] On Behalf Of Richard Sutch
Sent: Friday, September 26, 2014 3:04 PM
To: [log in to unmask]
Subject: [SHOE] Inquiry: Source for Samuelson quote

I recall with the help of my lecture notes to Paul Samuelson's course at MIT in 1965 that he stated "as long as there is a curve or hillock in any railroad line or highway in the world there will exist an investment project with a finite rate of return."  I have tried to determine if he ever said something like this in print.  Any comments or citations would be appreciated.

Richard Sutch
Distinguished Professor of Economics, Emeritus University of California, Berkeley and Riverside

Visiting Scholar
University of California, Berkeley

Research Associate
National Bureau of Economic Research

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