Do I miss football in Scotland? It keeps you really alive, that's for sure. Your heartbeat fluctuates. I'm flatlining at the moment which is actually quite nice but you need to go up and down to stay alive. ↗
I ask myself why I do it. Maybe it's to prove I'm still around. It takes a lot out of my body. I'm not an NBA player anymore. At my age, very few people can handle it. ↗
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. ↗
But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs. ↗
I went to Amherst because my brother had gone there before me, and he went there because his guidance counselor thought that we would do better there than at a large university like Harvard. ↗
In justice to human society it may perhaps be said of almost all the polities and civil institutions in the world, however imperfect, that they have been founded in and carried on with very considerable wisdom. ↗
It gives me pleasure to find that public liberty is effectually secured in each and all the policies of the United States, though somewhat differently modeled. ↗
