In general, I avoided giving lectures or attaching myself while abroad to a university. To learn what I wanted to know, I went instead to rural communities and onto actual farms. Talk with university people, government officials and U.S. personnel stationed in the country was much less rewarding for me.

Farmers the world over, in dealing with costs, returns and risks, are calculating economic agents. Within their small, individual, allocative domain, they are fine-tuning entrepreneurs, tuning so subtly that many experts fail to recognize how efficient they are.

Most of the people in the world are poor, so if we knew the economics of being poor, we would know much of the economics that really matters. Most of the world's poor people earn their living from agriculture, so if we knew the economics of agriculture, we would know much of the economics of being poor.

My professional apprenticeship at Iowa State College from 1930 to 1943 could not have been better; the Great Depression made it so, and the talented younger economists at Ames during that period made it an exciting and profitable intellectual experience.

It is absolutely true in war, were other things equal, that numbers, whether men, shells, bombs, etc., would be supreme. Yet it is also absolutely true that other things are never equal and can never be equal.

On the eve of World War I, an estimated two million Armenians lived in the Ottoman Empire. Well over a million were deported and hundreds of thousands were simply killed.

War should never be entered upon until every agency of peace has failed.

Strategic thinkers were naturally rattled to find this outsider fooling around with their work. They had been thinking strategically when Reagan was just another movie actor playing opposite a chimpanzee, for heaven's sake. They think Reagan is too naive, too innocent, to grasp the intellectual complexities of cold war strategy.