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.

The adverse economic events following the First World War turned me toward economics.

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.

Loud peace propaganda makes war seem imminent.

Countries around the world have their own immigration laws and methods of dealing with a recurring theme: desperate people searching for peace from volatile parts of the world. And nations everywhere thrive and prosper from the contributions of immigrants and the children of immigrants - including right here in the U.S.

Conflicts are multiplying - people are suffering. But we don't give up, because we know every man, woman, and child deserves a life of peace.

I took Beetle home thinking that after the Korean War was over, I would have to take him out of the Army. I thought, well, what am I going to do with him?