Johanna

No problem is too small or too trivial if we can really do something about it.

The worthwhile problems are the ones you can really solve or help solve, the ones you can really contribute something to. A problem is grand in science if it lies before us unsolved and we see some way for us to make some headway into it. I would advise you to take even simpler, or as you say, humbler, problems until you find some you can really... See more

The best ideas are fragile; most people don’t even start talking about them at all because they sound silly. Perhaps most of all, you want to be around people who don’t make you feel stupid for mentioning a bad idea, and who certainly never feel stupid for doing so themselves.

A great team and a great market are both critically important—you have to have both. The debate about which is more important is silly.

Over on the other side of the dining hall was a chemistry table. I had worked with one of the fellows, Dave McCall; furthermore he was courting our secretary at the time. I went over and said, ``Do you mind if I join you?'' They can't say no, so I started eating with them for a while. And I started asking, ``What are the important problems of your... See more

No small number of economists are hard at work studying how to bring the economy to full employment. But what these economists are forgetting is that full employment is not the same thing as full output. Ideally, we’d want to maximize what we’re getting out of the economy rather than what we’re putting into it. Full employment just means we’re... See more