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— William Vickrey"To stick to the present situation would be something like a man who was observed in Times Square looking earnestly along the pavement. He was asked what he was looking for. He said "I lost my watch.""
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"Law professors were never like economics professors," a Harvard Law professor told me. "If you disagreed with someone, you didn't call him a fool."
— Calvin Trillin
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The consequences for human welfare involved in questions like these are simply staggering: once one starts to think about them, it is hard to think about anything else.
— Robert Lucas, Jr.
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