Vernon L. Smith Quotes

#1. Hayek, in my view, is the leading economic thinker of the 20th century.

Vernon L. Smith

#2. 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

#3. 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

#4. 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

#5. I still have my original social security card signed when I was 13.

Vernon L. Smith

#6. 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

#7. Caltech was a meat grinder like I could never have imagined.

Vernon L. Smith

#8. 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

#9. 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

#10. 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