Caltech was a meat grinder like I could never have imagined.
About Vernon L. Smith
Vernon Lomax Smithis an American economist who is currently a professor of economics and law at Chapman University. He was formerly the McLellan/Regent’s Professor of Economics at the University of Arizona, a professor of economics and law at George Mason University, and a board member of the Mercatus Center.
More quotes from Vernon L. Smith
Yes, long hours and a hard life for my parents, but for a six to seven year old every new day dawned with fresh excitement when you have not a care in the world, and so much to learn and witness.
American economist
I can still memory – taste the fresh buttermilk pancakes and hot buttermilk biscuits – both made with lard! – that were cooked on the top, or in the oven, of that ancient iron stove.
American economist
In the 9th grade I began my first wage work for the West Side Drug store delivering prescriptions and sundries on my bicycle to customers who called in orders.
American economist
After my stellar first grade academic achievements, I continued to perform well in the city primary schools – except for penmanship, which was not my forte.
American economist
I still have my original social security card signed when I was 13.
American economist
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.
American economist
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.
American economist
Caltech was a meat grinder like I could never have imagined.
American economist
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.
American economist