“After the stock market crash, some New York editors suggested that hearings be held: what had really caused the Depression? They were held in Washington. In retrospect, they make the finest comic reading. The leading industrialists and bankers testified. They hadn’t the foggiest notion what had gone bad. You read a transcript of that record today with amazement: that they could be so unaware. This was their business, yet they didn’t understand the operation of the economy. The only good witnesses were the college professors, who enjoyed a bad reputation in those years. No professor was supposed to know anything practical about the economy.”

“I'm always amazed to hear of air crash victims so badly mutilated that they have to be identified by their dental records. What I can't understand is, if they don't know who you are, how do they know who your dentist is?”

“I had gone to graduate school because I loved literature, but in graduate school you were not supposed to study literature. You were supposed to study criticism. Some professor wrote a book 'proving' that TOM JONES was really a Marxist parable. Some other professor wrote a book 'proving' that TOM JONES was really a Christian parable. Some other professor wrote a book 'proving' that TOM JONES was really a parable of the Industrial Revolution. . . . Nobody seemed to give a shit about your reading TOM JONES as long as you could reel off the names of the various theories and who invented them. . . . My response was to sleep through as much of it as possible. ”

“A popular Harvard business professor urged his students to read the obituaries in the New York Times before they read anything else, in order to learn from the lives of great men.”

“Why did colleges make their students take examinations, and why did they give grade? What did a grade really mean? When a student "studied" did he do anything more than read and think-- or was there something special which no one in Walden Two would know about? Why did the professors lecture to the students? Were the students never expected to do anything except answer questions? Was it true that students were made to read books they were not interested in?”

“A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.”