Part of the reason for me becoming an economist,
especially one interested in transaction costs, is because of my dad. I
telling a story about a grain elevator owner. The elevator was old and
down, and it was decided to build a new one on the other side of the
After completion, the owner hired a man to burn the old elevator
in order he might collect the insurance. He told the arsonist to burn
elevator on the left as you came into town. Unfortunately, the man came
from the other direction, and burned the new elevator!
That story has all the elements of myth and folklore, and it probably
isn't true, but it's an example of how my dad told stories. My dad
suddenly on January 11, 2004 from complications from a non-viral
Below is the Eulogy I gave at his memorial, with a few pictures added.
April 13, 1932 - January 11, 2004