Over the years, the technology of trade has changed in response to advances in the ability to communicate. From its origins on the streets of Chicago, the Board of Trade moved to a building housing 'trading pits' for the open-outcry exchange by brokers representing buyers and sellers.

In response to the drop in wealth suffered as a consequence of the 2008 financial crisis, homeowners and firms did attempt to increase savings in financial assets by reducing expenditure on durables.

My co-winners, Peter Diamond and Christopher Pissarides, and I wish to thank the Royal Swedish Academy of Sciences and the Nobel Foundation for this very great honor. We each feel privileged and humbled to be named the winners of the 2010 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

I grew up listening to my father argue politics into the night and taking trips every Saturday to the Hood River library where my mother maintained her interest in reading and encouraged the same from her sons.

I think this is one of the greatest strengths of this school. Not only do the students go on to achieve great milestones in their own lives, they never forget their roots and the school that gave them the chance they needed to improve their lives and their families' lives.

More and more I'm finding that I'm reading history, I'm reading biography, I'm reading autobiography for a sense of people who've been able to provide leadership. I don't read leadership books anymore.

Education is learning what you didn't even know you didn't know.

We have found that where science has progressed the farthest, the mind has but regained from nature that which the mind put into nature.