James March, quoted in: Joshua S. Gans and George B. Shepherd, "How are the mighty fallen: Rejected Classic Articles by Leading Economists", Journal of Economic Perspectives 8: 165-179 (p. 174)
He wishes he had never entered the funhouse. But he has. Then he wishes he were dead. But he's not. Therefore he will construct funhouses for others and be their secret operator - though he would rather be among the lovers for whom funhouses are designed.
24/07/2010
Decisions, Decisions
"I have certainly had articles rejected, even on occasion for good reasons. . . . I recall on one occasion a referee filing a two paragraph commentary on a paper I co-authored suggesting (in the first paragraph) that the key theorem involved was trivially obvious and (in the second) that it was wrong. I thought on the whole that he ought to choose."
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