#y

In the 1950s, I proposed the survivor method of determining the efficient sizes of enterprises, and worked on delivered price systems, vertical integration, and similar topics. ↗

— George Stigler

#determining #efficient #enterprises #i #integration

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. ↗

— George Stigler

#aroused #cliches #destroyed #director #discussions

My main graduate training was received at the University of Chicago from which I received the Ph.D. in 1938. ↗

— George Stigler

#graduate #i #main #received #training

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. ↗

— George Stigler

#appeal #became #become #economists #even

The delicate and intricate pattern of competition and cooperation in the economic behavior of the hundreds of thousands of citizens of Stockholm offers a challenge to the economist that is perhaps as complex as the challenges of the physicist and the chemist. ↗

— George Stigler

#challenge #challenges #chemist #citizens #competition

Fear and I were old buddies, despite my best efforts to the contrary. ↗

— Peter Straub

#buddies #contrary #despite #efforts #fear

Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them. ↗

— Joseph Stiglitz

#certainly #could #did #discrimination #episodic

I knew that discrimination existed, even though there were many individuals who were not prejudiced. ↗

— Joseph Stiglitz

#even #existed #i #individuals #knew

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. ↗

— Joseph Stiglitz

#efficient #good #i #information #insight

I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one's own environment, one takes too much for granted, without asking why things are the way they are. ↗

— Joseph Stiglitz

#crystallize #different #economy #environment #granted