Competition is a tough weed, not a delicate flower.

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.

I started working and publishing in price theory by 1938.

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.

All great economists are tall. There are two exceptions: John Kenneth Galbraith and Milton Friedman.

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

My main graduate training was received at the University of Chicago from which I received the Ph.D. in 1938.