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

Why, when the economist gives advice to his society, is he so often cooly ignored? He never ceases to preach free trade, and protectionism is growing in the United States. He deplores the perverse effects of minimum wage laws, and the legal minimum is regularly raised each 3 or 5 years. He brands usury laws as a medieval superstition, but no state hurries to repeal its law.

That subject has lost its one time appeal to economists as our science has become more abstract, but my interest has even grown more intense as the questions raised by the sociology of science became more prominent.

I attended schools in Seattle through the University of Washington, from which I was graduated in 1931. I spent the next year at Northwestern University.

There is only one social science and we are its practitioners

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

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