Friedman stumbled in, late to the seminar as usual and reeking of cigar smoke and whiskey. He hadn't read the paper being presented, and halfway through he just gets up, walks up to the podium, socks the mother****er right in the face and takes a piss all over his lecture notes.

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

And yet I would not freely exchange my science for those of my fellow laureates. They are forever confined in their professional discussions to the small numbers of their fellow scientists.

...it is distressing how often one can guess the answer given to an economic question merely by knowing who asks it.

Mathematics has no symbols for confused ideas.

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.

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