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"Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory said would yield a single price."
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"Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory said would yield a single price."
Economy

"My interests were aroused, and my faith in the cliches of the subject destroyed, as so often with other subjects, by the discussions with my friend, Aaron Director."
Friendship

"That subject has lost its one time appeal to economists as our science has become more abstract, but my interest has even grown more intense as the questions raised by the sociology of science became more prominent."
Science

"In 1958, I came to Chicago where I have remained."
Location

"Two years later, I went to the University of Minnesota from which I was on leave for several years during the war as a member of Statistical Research Group at Columbia University."
War

"And yet I would not freely exchange my science for those of my fellow laureates. They are forever confined in their professional discussions to the small numbers of their fellow scientists."
Science

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

"After the war, I returned to Minnesota, from which I soon moved to Brown University, and a year later, to Columbia University where I remained from 1947 until 1958."
War

"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."
Education

"The delicate and intricate pattern of competition and cooperation in the economic behavior of the hundreds of thousands of citizens of Stockholm offers a challenge to the economist that is perhaps as complex as the challenges of the physicist and the chemist."
Behavior
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"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."
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Personal Development

"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"
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Personal Development

"Market economy favors the have against the have not."
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Personal Development

"They only let us live in millions for the sake of the economy. I don't know what will happen by the time they figure out how to run the economy without the people."
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Personal Development

"But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses."
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Personal Development

"Economics is extremely useful as a form of employment for economists."
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Personal Development

"Trade can really be good for American workers and American businesses."
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Personal Development

"My first priority is growing this economy in the long term, and stimulating it in the short term."
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Personal Development

"Ohio is one of only two states that have a minimum wage below the federal level of $5.15 an hour."
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Personal Development

"President Obama insists he's a free-market guy. But you have to wonder whether he understands how a free economy really works."
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Personal Development
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