"Trophies separate the winners from losers, and life is about winning and losing. Go into business and you see. You're competing every day."

Next Quote

The rate of growth of the relevant population is much greater than the rate of growth in funds, though funds have gone up very nicely. But we have been producing students at a rapid rate; they're competing for funds and therefore they're more frustrated. I think there's a certain sense of weariness in the intellectual realm, it's not in any way peculiar to economics, it's a general proposition.

— Kenneth Arrow