I don't go to the beach. There is no value in going to the beach. If I did go I would probably read economics books.

Next quotes

• Kenneth Arrow:

  That economic decisions are made without certain knowledge of the consequences is pretty self-evide

• Steven Levitt:

  The major challenge facing most foundations is that they are risk averse. This inhibits their abili

• Jerry A. Webman:

  The Greek debt issue, for example, is such a threat because if that country ever defaulted, it migh

• James Tobin:

  Most important, I have learned from my colleagues and students.

• Douglass North:

  My record at the University of California as an undergraduate was mediocre to say the best.

• Lawrence R. Klein:

  On the way from Chicago, I spent the summer of 1947 in Ottawa, helping to build the first of a seri

• Jairam Ramesh:

  The Indian diaspora is not a capital-accumulating diaspora. The Indian diaspora is doctors, lawyers

• James Meade:

  In the 1930s one was aware of two great evils - mass unemployment and the threat of war.

• Rudolf Hilferding:

  It is obvious, moreover, that the formation of price in capitalist society must differ from the for

• Robert C. Merton:

  And at a relatively early age, ten or so, I invested my first share of stock. And I used to follow,