On the recordFebruary 1, 1966
Someone once defined an economist as a person who says that we move in cycles instead of running around in circles.
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presidency.ucsb.eduSomeone once defined an economist as a person who says that we move in cycles instead of running around in circles.
Remarks at the Swearing In of Dr. James Duesenberry as a Member, Council of Economic Advisers.
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Thank you all for your welcome and for the wonderful work that you carry on.
Sometimes it is your job to go out and scout the road, to encounter and overcome the difficulties that always accompany such a vast new venture as this.
In Witness Whereof, I have hereunto set my hand this twentieth day of January in the year of our Lord nineteen hundred and sixty-nine and of the Independence of the United States of America the one hundred and ninety-third.