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"I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous."
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"It is a very sad thing that nowadays there is so little useless information."
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Personal Development
"I think around the world, our agents are the best collectors of information you'll find."
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Personal Development
"When disinformation is running rampant, there are two ignorances that may emerge: the one is actually positive, a sort of pure and intentional emptying of the mind; but the other is of course negative and clogged and polluted."
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Personal Development
"Disinformation is duping. Misinformation is tricking."
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Personal Development
"When we hear news we should always wait for the sacrament of confirmation."
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Personal Development
"A poem is true if it hangs together. Information points to something else. A poem points to nothing but itself."
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Personal Development
"Since signing with Universal, I have been working closely with Gary Ross, the director, producer and screenwriter. We have spent many hours on the phone, and I've been sending him information and items that have been useful to the writing process."
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Personal Development
"Our free enterprise system of disseminating information is collectively referred to as The Media. But there is no collective."
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Personal Development
"How easy it is for so many of us today to be undoubtedly full of information yet fully deprived of accurate information."
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Personal Development
"I'm not going to name some of my colleagues who are very well-known for their television presentation, but they wouldn't know new information or how to report a story if it came up and bit them."
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"Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist."
Development
"Amherst is a liberal arts college, committed to providing students with a broad education."
Education
"My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth."
Change
"But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs."
Action
"If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system?"
Economy
"Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them."
Sports
"The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy."
Policy
"I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one's own environment, one takes too much for granted, without asking why things are the way they are."
Economy
"I grew up in a family in which political issues were often discussed, and debated intensely."
Family
"I knew that discrimination existed, even though there were many individuals who were not prejudiced."
Awareness
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