It was in the 1960s that I began the detailed study of public regulation.

...it is distressing how often one can guess the answer given to an economic question merely by knowing who asks it.

I attended schools in Seattle through the University of Washington, from which I was graduated in 1931. I spent the next year at Northwestern University.

The main insight learned from interdisciplinary studies is the return to specialization

Competition is a tough weed, not a delicate flower.

There is only one social science and we are its practitioners

If you never miss a plane, you’re spending too much time at the airport.

My teaching began in 1936 at Iowa State College where T. W. Schultz was the department chairman.

I recall my mother asking in about 1946 what I was and I replied proudly that I was a professor. A decade later she repeated her question and I repeated my answer. "No promotion?" was her comment.

Theories are not rejected by cirsumstantial evidence: it takes a theory to beat a theory.

All great economists are tall. There are two exceptions: John Kenneth Galbraith and Milton Friedman.

Ingratitude is the soul's enemy... Ingratitude is a burning wind that dries up the source of love, the dew of mercy, the streams of grace.

But 'tis a sad thing that all one's happiness is only that the world does not know you are miserable.

Happiness consumes itself like a flame. It cannot burn for ever, it must go out, and the presentiment of its end destroys it at its very peak.

Goodness does not consist in greatness, but greatness in goodness.

The message I'm trying to say is that I'm tough because of life experience.

"Simpler is always better" is an overstatement.

Meaning is context bound, but context is boundless

Dates that come around every year help us measure progress in our lives. One annual event, New Year's Day, is a time of reflection and resolution.

Showtime has given new, young filmmakers - black, white, across the board - an opportunity to make films, as well as actors who want to cross over into directing.

The saying of old Antigonus, who when he was to fight at Andros, and one told him, "The enemy's ships are more than ours," replied, "For how many then wilt thou reckon me?