I gradually became persuade... by Vernon L. Smith, an American Economist

Vernon L. Smith Quotes

“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.”

54% of people like this quote

Vernon L. Smith

Author details

Name: Vernon L. Smith

Nationality: American

Date of Birth: Jan 1, 1927

Profession: Economist

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

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

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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.

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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.

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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

54% of people like this quote

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