Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist.

Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist.

Active learning is always involved with interaction between teachers and students and Socratic methods and that's gonna continue.

What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.

Development is about transforming the lives of people, not just transforming economies.

The only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has done the American economy and the global economy an enormous disfavor, but his Texan friends couldn't be happier.

As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns.