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Vernon L. Smith Quotes |
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Type: Economist Quotes Category: American Economist Quotes Date of Birth: January 1, 1927 Nationality: American Find on Amazon: Vernon L. Smith Related Authors: John Kenneth Galbraith Thomas Sowell Jeremy Rifkin Martin Feldstein Milton Friedman John W. Snow Jeffrey Sachs Douglass North |
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.
Vernon L. Smith 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. Vernon L. Smith Caltech was a meat grinder like I could never have imagined. Vernon L. Smith Consequently, neither I, nor my parents, or anyone in my family, or any neighbor or friend, had any idea how to go about choosing a college. Vernon L. Smith 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. Vernon L. Smith 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. Vernon L. Smith I still have my original social security card signed when I was 13. Vernon L. Smith I was majoring in physics, but switched to electrical engineering, which was in the same division (Mathematics, Physics and EE) as a senior. Vernon L. Smith 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. Vernon L. Smith 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. Vernon L. Smith With Dick as a mentor, I decided economics was for me, and I continued by pursuing an economics Ph.D. at Harvard beginning in 1952. 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. Vernon L. Smith |
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