Gary Richardson

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"I'm just learning how to talk about these things in nonmathematical ways. So I tried recently to write a couple of papers in economic history without any equations. It's hard." Thomas Sargent, 1983, Conversations with Economists." . "In this state of imbecility, I had, for amusement, turned my attention to politcal economy." Confessions of an English Opium Eater , Thomas De Quincey .
. "If Hitler invaded Hell, I would at least make a favorable reference to the Devil in the House of Commons." Winston Churchill, 1941 . "Paper money, that barometer of public faith, issued by both Congress and the states, was practically worthless. Businessmen insisted ruthlessly on 'hard money' for every commodity and every army supply. Ironically, even the counterfeiters who were rife were making better money than was the Congress. In February, 1778, newspapers published a warning against counterfeit thirty dollar bills. They were 'easily discovered,' the public was informed, because they were printed on better paper and the engraving was of finer quality than that of legal tender. The easiest way to spot one of the bogus bills, however, was to note that on it Philadelphia was spelled correctly, while on the genuine note it read, 'Philadelpkia.'" Scheer and Rankin, 1957, p. 303
"Many years ago when I was in college, I tackled what was then called Political Economy. I understand it is quite different now, and that some things that were then true beyond dispute are no longer either true or respectable." William Kent, Land Tenure and Public Policy , AEA Papers and Proceedings, 1919. . . .


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