“Economists often like startling theorems, results which seem to run counter to conventional wisdom.”

“Economists often like startling theorems, results which seem to run counter to conventional wisdom.”

“The notion that every well educated person would have a mastery of at least the basic elements of the humanities, sciences, and social sciences is a far cry from the specialized education that most students today receive, particularly in the research universities.”

“Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.”

“I grew up in a family in which political issues were often discussed, and debated intensely.”