Top 10 Quotes & Sayings by Vernon L. Smith

Explore popular quotes and sayings by an American economist Vernon L. Smith.

Last updated on December 20, 2024.

Vernon Lomax Smith is an American economist and professor of business economics and law at Chapman University. He is formerly a professor of economics at the University of Arizona, professor of economics and law at George Mason University, and a board member of the Mercatus Center. Along with Daniel Kahneman, Smith shared the 2002 Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics and his work in the field of experimental economics. He worked to establish 'laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms'.

American - Economist | Born: January 1, 1927

Source: Wikipedia

After my stellar first grade academic achievements, I continued to perform well in the city primary schools - except for penmanship, which was not my forte.

Vernon L. Smith

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.

Vernon L. Smith

In 1941 I finished at Allison Intermediate School (grades 7-9), and started at North High School, commuting by bicycle about 5 miles from home to school.

Vernon L. Smith

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

After graduating in engineering I went to the University of Kansas to get an MA in economics as a vehicle for allowing me to decide if I wanted to continue in economics.

Vernon L. Smith

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

Vernon L. Smith

In the 9th grade I began my first wage work for the West Side Drug store delivering prescriptions and sundries on my bicycle to customers who called in orders.

Vernon L. Smith

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.

Vernon L. Smith

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

Vernon L. Smith

Hayek, in my view, is the leading economic thinker of the 20th century.

Vernon L. Smith