Paul
Anthony Samuelson was an American economist, and the first American to win the
Nobel Memorial Prize in Economic Sciences. His textbook Economics – ISBN-
0-07-0 092863-0 has become a classic in which he states in a chapter – Central
Problems Of Every Economic Society - that a nation has to choose between two
options when spending its finite resources. It may buy either guns (invest in
defense / military) or butter (invest in production of goods), or a combination
of both.
United States president Lyndon B.
Johnson used the phrase to catch the attention of the national media while
reporting on the state of national defense and the economy. Another use of the
phrase was British prime minister, Margaret Thatcher's reference in a 1976
speech that, "The Soviets put guns over butter, but we put almost
everything over guns.
Investors
who are confused as to the Guns or Butter choice when it comes to investing
should talk to their adviser. The stock charted is probably is a better choice
.
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