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"I studied economics and made it my career for two reasons. The subject was and is intellectually fascinating and challenging, particularly to someone with taste and talent for theoretical reasoning and quantitative analysis."
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"There is only one school of literature - that of talent."

"There is a difference between talented people and gifted people.Talented people are good AT something, Gifted people ARE that something."

"You need to find your gift, something you are doing better than others."

"Moderate giftedness has been made worthless by the printing press and radio and television and satellites and all that. A moderately gifted person who would have been a community treasure a thousand years ago has to give up, has to go into some other line of work, since modern communications put him or her into daily competition with nothing but the world's champions."

"With people of limited ability modesty is merely honesty. But with those who possess great talent it is hypocrisy."

"If you have the ability to see the things behind the scenes, then you have the greatest talent one can ever have because there is almost always something else behind the things!"
Explore more quotes by James Tobin

"I studied economics and made it my career for two reasons. The subject was and is intellectually fascinating and challenging, particularly to someone with taste and talent for theoretical reasoning and quantitative analysis."

"Yale places great stress on undergraduate and graduate teaching. I like teaching, and I do a lot of it."

"At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory."

"I was born in Champaign in 1918. From the neighborhood elementary and intermediate schools, I went to the University High School in the twin city, Urbana."

"My father also happened to be an intellectual, as learned, literate, informed, and curious as anyone I have known. Unobtrusively and casually, he was my wise and gentle teacher."

"The greatest good fortune of my return to Cambridge in 1946 was that there, in the spring, I met Elizabeth Fay Ringo. We were married a few months later."

"The crisis triggered a fertile period of scientific ferment and revolution in economic theory."

"The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters."

"At the same time it offered the hope, as it still does, that improved understanding could better the lot of mankind. For me, growing up in the 1930s, the two motivations powerfully reinforced each other."
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