I gradually became persuaded that the subjects, without intending to, had revealed to me a basic truth about markets that was foreign to the literature of economics.

After graduating in engineering I went to the University of Kansas to get an MA in economics as a vehicle for allowing me to decide if I wanted to continue in economics.

In 1941 I finished at Allison Intermediate School (grades 7-9), and started at North High School, commuting by bicycle about 5 miles from home to school.

Bad economics teaches that computers can design markets. Good economics teaches that markets can design computers.

Humanity appreciates truth about as much as a squirrel appreciates silver.

A lot of things were revealed in the last month on many, many fronts. And it became clear to me it was time to make a change.