“In this age of specialization, I sometimes think of myself as the last...” — Paul Samuelson Quote

In this age of specialization, I sometimes think of myself as the last 'generalist' in economics, with interests that range from mathematical economics down to current financial journalism. My real interests are research and teaching.

There's nothing in Keynesian economics that would allow you to solve stagflation. But there's nothing in neoclassical economics that would allow you to solve stagflation, either.

The dream of any scholar has, for me, come true by virtue of this award. The Nobel Prizes are justly famous in the hard sciences, in literature, and for peace.

It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office.

I do all I can to maintain good health. I eat mostly plants, as Michael Pollan would say. I get a lot of exercise. I lead a purposeful daily life. I stay current with the dentist. I made the formative decision of where to live over thirty years ago when I settled in a 'main street' small town in upstate New York.

Just because something is current doesn't mean it is new.

We want to make as big a market as we can with our current product.

I try to be very current. I try to take something from everywhere I've been. I've wrestled in Japan, Singapore, China, Germany, and England. I try to bring a mix of different styles to the table.