Lawrence R. Klein Quotes

Lawrence R. Klein

Profession : Economist

Birth : September 14, 1920

An early fascination with higher mathematics at the university level blossomed into speculative thinking that could provide a basis for dealing with economic issues.

Lawrence R. Klein

It came as a surprise to find that a professional society and journal (Econometrica) were flourishing, and I entered this area of study with great enthusiasm.

Lawrence R. Klein

Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career.

Lawrence R. Klein

During the early 1960s, I decided to supplement research support for quantitative economic studies at Pennsylvania by selling econometric forecasts to private and public sector buyers.

Lawrence R. Klein

I, Lawrence Klein, was born in Omaha, Nebraska, as were my elder brother and younger sister.

Lawrence R. Klein

My early education was in the public school system of Omaha, where, retrospectively, I realize that my high school training served me in good stead for the basic subjects of mathematics, English, foreign languages and history.

Lawrence R. Klein

On the way from Chicago, I spent the summer of 1947 in Ottawa, helping to build the first of a series of econometric models for the Canadian government.

Lawrence R. Klein

The funds from the sale were put into research and general teaching budgets at the university. Wharton Econometric Forecasting Associates, Inc., is now a growing enterprise with many model and other econometric facilities.

Lawrence R. Klein

After my first visit to Japan, in 1960, to work on a joint model building project at Osaka University, I maintained a continuing interest in the country and the entire Far East.

Lawrence R. Klein

The SSRC committee turned attention from team research for building a model of the United States to doing one for world trade in order to investigate the international transmission mechanism.

Lawrence R. Klein