Our family life was certainly not intellectual.

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I learned to fly an airplane, and had my own airplane during the 1960s.

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I went to elementary school in Ottawa, and then to a private secondary school.

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My record at the University of California as an undergraduate was mediocre to say the best.

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My brother and sister are both older than I am and were born before my father went off to World War I.

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I would be remiss if I left the impression that my life has been totally preoccupied with scholarly research.

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My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking.

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In 1972 I married again, to Elisabeth Case; she continues to be wife, companion, critic and editor: a partner in the projects and programs that we undertake.

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What the war did was give me the opportunity of three years of continuous reading, and it was in the course of reading that I became convinced that I should become an economist.

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It was not until I got my first job, at the University of Washington in Seattle, and began playing chess with Don Gordon, a brilliant young theorist, that I learned economic theory.

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