In the 1950s, I proposed the survivor method of determining the efficient sizes of enterprises, and worked on delivered price systems, vertical integration, and similar topics.

Henry Ford made a lot of money making cars at one time, but that was a small advantage to him compared to the benefit to millions of people who for the first time in their lives were emancipated from common public carriers and could live where they wanted, move at the hours they wanted, to the places they wanted. Ford collected a billion bucks, but that was peanuts compared to the benefits.

Mathematics has no symbols for confused ideas.

Theories are not rejected by cirsumstantial evidence: it takes a theory to beat a theory.

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

I met my wife, Margaret L. Mack, at the University of Chicago. We were married in 1936. She died in 1970.

A Swedish physicist can not discuss his work with fifty people unless he goes abroad. A Swedish economist can get opinions and instructions in his native language from thousands upon thousands of his fellow citizens.