Journaltalk - A Life among the Econ, Particularly at UCLA

A Life among the Econ, Particularly at UCLA

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  • William R. Allen
  • Daniel B. Klein
Keywords UCLA, Armen Alchian, William R. Allen.
Volume Number 7
Issue Number 3
Pages 205-234
File URL A Life among the Econ, Particularly at UCLA
File Format PDF
Access no registration, free access
Publication year 2010

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  1. As a student during this period (PhD 1972) I was extremely fortunate to have been taught by these professors. Well remembered is the BSU bomb incident at the department as well as tenured faculty guarding halls against crazies disrupting classes. Learning to reason as an economist was paramount. On one qualifying exam, I felt one question assumed away the problem and rather than give an answer I pointed out the error. This risky strategy was well received. Alchian was on my dissertation committee but was slow to read the work. Knowing his keen interest in market transactions and since i was facing a deadline for a fellowship stipend, I made him a non serious offer. If he would just read it, I would split any stipend with him. This was not asking for an approval, just a reading. Obviously he would never accept any money, but as i knew he would, the market spirit of the offer was appreciated. During meetings of my nonacademic career, my annoying market based queries would often elicit the query “Where did you come from?”. I now know that the answer should have been “The Golden Age of Alchian’s UCLA Economics Department”.

    posted 08 Sep 2010 by morrie goldman

  2. On Bill Allen: One day, when I was an economics graduate student at UCLA, I was waiting for the Bunche Hall elevator. Prof. Allen was waiting as well. I didn’t know him, he had been on leave when I was an undergraduate. Waiting for the elevator, he was friendly and talkative. Afterwards, I asked someone who he was. When they told me he was an economics professor, I was surprised because he had been so friendly and nice!
    I enjoyed listening to the interview, thanks to all involved in putting it together.

    posted 09 Sep 2010 by Shirley Svorny

  3. A wonderful remembrance! Although not a major in Economics, I had Alchian for Econ 101 (for non-econ majors?) in the mid 1950s, and a year or two later, a grad seminar with Allen (and someone else) on Internat’l Econ Development. Also, had Hildebrand for K. Marx econ. With the help of Prof Allen’s retrospective, I am now inclined to even greater appreciation than at the time—-partly for their inculcation of an economic perspective but mostly for their character.

    posted 17 May 2011 by josil

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