Tom Sargent on a Few Lessons of Economics

Here’s a graduation speech that won’t tax your time and, without taxing your brain, will remind you of what is worth remembering. In 2007, Thomas J. Sargent, one of the two winners of the 2011 Nobel Memorial Prize in Economics, delivered a graduation speech to UC Berkeley (my alma mater) undergrads. Here’s the entire speech — just 355 words. Continue reading