It was in the 1960s that I began the detailed study of public regulation.
My teaching began in 1936 at Iowa State College where T. W. Schultz was the department chairman.
I started working and publishing in price theory by 1938.
And yet I would not freely exchange my science for those of my fellow laureates. They are forever confined in their professional discussions to the small numbers of their fellow scientists.
In the 1950s, I proposed the survivor method of determining the efficient sizes of enterprises, and worked on delivered price systems, vertical integration, and similar topics.
