Funeral By Funeral, Theory Advances.

An American Economist Of Two Generations Ago, H. J. Davenport, Who Was The Best Friend Thorstein Veblen Ever Had (veblen Actually Lived For A Time In Davenport's Coal Cellar) Once Said: "there Is No Reason Why Theoretical Economics Should Be A Monopoly Of The Reactionaries." All My Life I Have Tried To Take This Warning To Heart, And I Dare Call It To Your Favorable Attention.

We Are Like Highly Trained Athletes, Who Never Run A Race.

It Is Not Easy To Get Rich In Las Vegas, At Churchill Downs, Or At The Local Merrill Lynch Office.

You Know What Happiness Is: 'having A Little More Money Than Your Colleagues.' And That's Not So Tough In Academic Life.

Macroeconomics, Even With All Of Our Computers And With All Of Our Information - Is Not An Exact Science And Is Incapable Of Being An Exact Science.