...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.

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

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

Imagine if you were performing at your full potential, the lives you would change - including yours. Just imagine...

Love is what freed me from the cell of my selfishness.

Gratitude for all the beauty and blessings that we already enjoy fills our lives with abundance.

The opposite of manliness isn’t cowardice

Remember that the successful marriage depends on two things: (1) finding the right person and (2) being the right person.

Today Homeland Security Chief Tom Ridge lowered the terror alert from orange to yellow. Does anybody need 16 miles of duct tape?

Life is sacred? Who said so? God? Hey, if you read history, you realize that God is one of the leading causes of death.

While earning your daily bread, be sure you share a slice with those less fortunate.

And so I’ll let you go, and let it be. Whatever

Common sense is that which tells us the world is flat.