“I picked economics at the end of my undergraduate time because it seem...” — Michael Spence Quote

I picked economics at the end of my undergraduate time because it seemed to be a really nice combination of theory, including mathematical theory on one hand, and things that are quite practical that you can touch and see and feel. So I picked it, and I consciously thought of it as an experiment to see if I liked it. And it worked.

Next to my family, it seems clear to me that the educational institutions and the teachers from whom I had the privilege of learning were especially important.

The research side of academic life is often viewed from the outside as a solo and, at times, lonely activity. In fact, it is quite the opposite: a communal activity in significant part where interaction and interchange generate ideas and critiques of them.

For physical goods, there are costs associated with logistics and lead times, owing to inventories and poor forecasts of the market. With digital capital-intensive technology, however, production will inevitably move toward the final market, wherever it is. This re-localization constitutes a major shift in the structure of global supply networks.

If Labour ends up on the scrapheap of history, it will do so because of its own foolishness and self-inflicted wounds. What party in its right mind would allow a combination of far-left enemies, militant trade unions and first-time supporters to decide its fate?

'The Wire' was a combination of great TV and great theater.

As far as being a vegetarian, it's a moral thing, a health thing, a conscious thing - a combination of all. I think it's better to be that way.

I understood food from a very early age. I understood the combination of ingredients very early.

The success of a film is always a combination of many people's efforts.