I gradually became persuaded that the subjects, without intending to,… — 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. SmithEconomist · American · b. 1927

More from Vernon L. Smith

Honesty is the first chapter in the book of wisdom. — Thomas Jefferson
What a word is truth. Slippery, tricky, unreliable. I tried in these books to tell the truth. — Lillian Hellman
Books minister to our knowledge, to our guidance, and to our delight, by their truth, their uprightness, and their art. — George Henry Lewes
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
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
Caltech was a meat grinder like I could never have imagined. — Vernon L. Smith