Top 7 Vernon L. Smith Quotes (2025 Update)

Vernon L. Smith Quote: “Caltech was a meat grinder like I could never have imagined.”

1. “Caltech was a meat grinder like I could never have imagined.”

2. “I can still memory – taste the fresh buttermilk pancakes and hot buttermilk biscuits – both made with lard! – that were cooked on the top, or in the oven, of that ancient iron stove.”

— Vernon L. Smith

3. “I still have my original social security card signed when I was 13.”

— Vernon L. Smith

4. “Hayek, in my view, is the leading economic thinker of the 20th century.”

— Vernon L. Smith

5. “After my stellar first grade academic achievements, I continued to perform well in the city primary schools – except for penmanship, which was not my forte.”

— Vernon L. Smith

6. “After graduating in engineering I went to the University of Kansas to get an MA in economics as a vehicle for allowing me to decide if I wanted to continue in economics.”

— Vernon L. Smith

7. “Yes, long hours and a hard life for my parents, but for a six to seven year old every new day dawned with fresh excitement when you have not a care in the world, and so much to learn and witness.”

— Vernon L. Smith

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