1980 Quotes
According to the official version of history, CIA aid to the Mujahideen began during 1980, that is to say, after the Soviet army invaded Afghanistan, 24 Dec 1979. But the reality, secretly guarded until now, is completely otherwise. Indeed, it was July 3, 1979 that President Carter signed the first directive for secret aid to the opponents of the pro-Soviet regime in Kabul. And that very day, I wrote a note to the president in which I explained to him that in my opinion this aid was going to induce a Soviet military intervention.
Zbigniew Brzezinski
I would guess that most MIT Ph. D.'s since 1980 might deem themselves not to be "Keynesians.” But they, and modern economists everywhere, do use models like those of Samuelson, Modigliani, Solow, and Tobin. Professor Martin Feldstein, my Harvard neighbor, complained at the 350th Anniversary of Harvard that Keynesians had tried to poison his sophomore mind against saving. Tobin and I on the same panel took this amiss, since both of us since 1955 had been favoring a "neoclassical synthesis,” in which full employment with an austere fiscal budget would add to capital formation in preparation for a coming demographic turnaround.
Paul Samuelson
The proof of the pudding is in the eating. There was a widespread myth of the 1970s, a myth along Tom Kuhn's (1962) Structure of Scientific Revolutions lines. The Keynesianism, which worked so well in Camelot and brought forth a long epoch of price-level stability with good Q growth and nearly full employment, gave way to a new and quite different macro view after 1966. A new paradigm, monistic monetarism, so the tale narrates, gave a better fit. And therefore King Keynes lost self esteem and public esteem. The King is dead. Long live King Milton!
Contemplate the true facts. Examine 10 prominent best forecasting models 1950 to 1980: Wharton, Townsend–Greenspan, Michigan Model, St. Louis Reserve Bank, Citibank Economic Department under Walter Wriston's choice of Lief Olson, et cetera. ... M did matter as for almost everyone. But never did M alone matter systemically, as post-1950 Friedman monetarism professed.
Paul Samuelson
In 1980, Reagan had to do just one thing: pass the threshold test for acceptability. He won that election because he did, especially in the debate with Jimmy Carter in which Reagan showed himself to be genial, self-assured and, above all, nonthreatening. You may not like all his policies, but you could safely entrust the nation to him. Trump badly needs to pass that threshold. If character is destiny, he won't.
Charles Krauthammer
What struck me was some regularity in the anomaly. The rotational velocities were not just larger than expected, they became constant with radius. Why? Sure, if there was dark matter, the speed of stars would be greater, but the rotation curves, meaning the rotational speed drawn as a function of the radius, could still go up and down depending on its distribution. But they didn't. That really struck me as odd. So, in 1980, I went on my Sabbatical in the Institute for Advance Studies in Princeton with the following hunch: If the rotational speeds are constant, then perhaps we're looking at a new law of nature. If Newtonian physics can't predict the fixed curves, perhaps we should fix Newton, instead of making up a whole new class of matter just to fit our measurements.
Mordehai Milgrom
For fourteen years [1966 to 1980] [my father] suffered a debilitating disease [multiple schlerosis]. I took care of him for most of that time, until he was no longer able to be taken care of at home... So, in essence, I was caring for [my father] and my younger sister [Becky], six years younger than I. It was difficult for me. It was a tough time. Music was my escape -- my catharsis. My way of just getting my emotions out. Music has always been a beautiful force in my life.
Gloria Estefan
Today, Keynesian theorizing does not inspire whispers and giggles from the audience. There are many economists under the age of forty who do not take offense when their work is called ‘Keynesian', and I count myself as one of them. If Keynesian economics was dead in 1980, then today it has been reincarnated.
Greg Mankiw
Why bother to remake Fame if you don't have clue about why the 1980 movie was special? Why take a touching experience and make it into a shallow exercise? Why begin with a R-rated look at plausible kids with real problems and tame it into a PG-rated after-school special? Why cast actors who are sometimes too old and experienced to play seniors, let alone freshmen?
Roger Ebert
