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"An early fascination with higher mathematics at the university level blossomed into speculative thinking that could provide a basis for dealing with economic issues."
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"The chance that you will become a master in something after the first attempt is neither here nor there. You don't get master's degree by attending school on the first day! Time will tell, so you got to persist!"
"And since we cannot deceive the whole human race all the time, it is most important thus to cut every generation off from all others; for where learning makes a free commerce between the ages there is always the danger that the characteristic errors of one may be corrected by the characteristic truths of another."
"He was a far more voracious reader than me, but he made it a rule never to touch a book by any author who had not been dead at least 30 years. "That's the only kind of book I can trust," he said."It's not that I don't believe in contemporary literature," he added, "but I don't want to waste valuable time reading any book that has not had the baptism of time. Life is too short."
"The student is half afraid to meet one of the great philosophers face to face. He feels himself inadequate and thinks he will not understand him. But if he only knew, the great man, just because of his greatness, is much more intelligible than his modern commentator. The simplest student will be able to understand, if not all, yet a very great deal of what Plato said; but hardly anyone can understand some modern books on Platonism."
"The best university in the world is neither Oxford nor Harvard. The best university is "youniversity". YOU got the lecture halls of thoughts in YOU! You got everything you need to graduate with first class accomplishments put in you! YOU can do it!"
Explore more quotes by Lawrence R. Klein
"Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career."
"The funds from the sale were put into research and general teaching budgets at the university. Wharton Econometric Forecasting Associates, Inc., is now a growing enterprise with many model and other econometric facilities."
"During the early 1960s, I decided to supplement research support for quantitative economic studies at Pennsylvania by selling econometric forecasts to private and public sector buyers."
"I, Lawrence Klein, was born in Omaha, Nebraska, as were my elder brother and younger sister."
"My early education was in the public school system of Omaha, where, retrospectively, I realize that my high school training served me in good stead for the basic subjects of mathematics, English, foreign languages and history."
"It came as a surprise to find that a professional society and journal (Econometrica) were flourishing, and I entered this area of study with great enthusiasm."
"The SSRC committee turned attention from team research for building a model of the United States to doing one for world trade in order to investigate the international transmission mechanism."
"On the way from Chicago, I spent the summer of 1947 in Ottawa, helping to build the first of a series of econometric models for the Canadian government."
"The completion of my undergraduate training at the University of California (Berkeley) provided just the needed touches of rigor at advanced levels in both economics and mathematics."
"After my first visit to Japan, in 1960, to work on a joint model building project at Osaka University, I maintained a continuing interest in the country and the entire Far East."
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