"In the early 1930s, flying from England to Australia was the longest flight in the world. It was considered extremely dangerous and hazardous, pushing pilots to the limits of mechanical skills and human endurance. Aviation was young."

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The Chicago Economics Department was in intellectual ferment, although the central issues of the 1930s were very different from those in later times. I had never before encountered minds of that quality at close quarters and they influenced me strongly.

— George Stigler