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.

There is only one social science and we are its practitioners

If you never miss a plane, you’re spending too much time at the airport.

The main insight learned from interdisciplinary studies is the return to specialization

...the number of saintly men has not yet risen to the level where the census makes them a separate statistical category.

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.

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