My father, who died a few years ago, was a good, simple, very honest man. His faith and affection for his family was just unassailable, without question. ↗
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. ↗
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 recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous. ↗
International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief. ↗
During the time I was on The Hardy Boys, I was also watching other people's careers. I thought the next step was to be a movie star. I kept saying no to projects, and offers stopped coming in. I was no longer hot. ↗