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"I still have my original social security card signed when I was 13."
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"If the area were on or near the U.S. continental shelf, such data could well provide an enemy with strategically invaluable insights into undersea access routes that could be used to attack some of the millions of Americans who live on or near our coasts."
"The 'pre-emption' versus 'prevention' debate may be a distinction without much difference. The important thing is to have it understood that the United States is absolutely serious. The jihadists have in the past bragged that America is too feeble and corrupt to fight. A lot is involved in disproving that delusion on their part."
"What is the society we wish to protect? Is it the society of complete surveillance for the commonwealth? Is this the wealth we seek to have in common - optimal security at the cost of maximal surveillance?"
"No one from the beginning of time has had security."
"I think we will begin to see some real efforts made to do things like protecting Social Security and Medicare."
"Nothing can stop an enemy from picking wireless messages out of the free air - and nothing did."
"Security is a double-edged sword: While a fence sure protects the fenced, it also imprisons the protected."
Explore more quotes by Vernon L. Smith
"After my stellar first grade academic achievements, I continued to perform well in the city primary schools - except for penmanship, which was not my forte."
"I gradually became persuaded that the subjects, without intending to, had revealed to me a basic truth about markets that was foreign to the literature of economics."
"Yes, long hours and a hard life for my parents, but for a six to seven year old every new day dawned with fresh excitement when you have not a care in the world, and so much to learn and witness."
"I can still memory - taste the fresh buttermilk pancakes and hot buttermilk biscuits - both made with lard! - that were cooked on the top, or in the oven, of that ancient iron stove."
"In 1941 I finished at Allison Intermediate School (grades 7-9), and started at North High School, commuting by bicycle about 5 miles from home to school."
"After graduating in engineering I went to the University of Kansas to get an MA in economics as a vehicle for allowing me to decide if I wanted to continue in economics."
"In the 9th grade I began my first wage work for the West Side Drug store delivering prescriptions and sundries on my bicycle to customers who called in orders."
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