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Dale T. Mortensen
American
February 2, 1939
Economist
Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human condition.
Dale T. Mortensen
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Science
Our
Some
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.
Dale T. Mortensen
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Politics
Up
Every
Unemployment is 'involuntary' when the price is above its market clearing level. Workers are unemployed because jobs are not available at the prevailing wages, period. The only recourse is to either expand the number of jobs or somehow lower the wage.
Dale T. Mortensen
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Because
Only
Either
I became a member of the faculty at Northwestern University in 1965 but did not complete my thesis until two years later at a graduate ceremony at which Carnegie Institute of Technology became Carnegie-Mellon University. At Northwestern, I was mentored by the 'three Bobs:' Robert Eisner, Robert Strotz and Robert Clower.
Dale T. Mortensen
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Technology
Which
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