A Quote by Eric Maskin

Much theoretical work, of course, focuses on existing economic institutions. The theorist wants to explain or forecast the economic or social outcomes that these institutions generate.

Eric Maskin

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Course Economic Existing Explain Forecast Generate Institutions Much Outcomes Social Theoretical Wants Work

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Eric Maskin
American - Economist
Born: December 12, 1950

Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions.

Ben Bernanke

I was trained as an economic theorist; my job at MIT was as an economic theorist. At some level that's still part of my identity.

Abhijit Banerjee

When in the course of human development, existing institutions prove inadequate to the needs of man, when they serve merely to enslave, rob and oppress mankind, the people have the eternal right to rebel against, and overthrow, these institutions.

Emma Goldman

Thus, the capital owner is not a parasite or a rentier but a worker - a capital worker. A distinction between labor work and capital work suggests the lines along which we could develop economic institutions capable of dealing with increasingly capital-intensive production, as our present institutions cannot.

Louis O. Kelso

Economic science concerns itself primarily with theoretical and empirical generalizations about the behavior of individuals, institutions, markets, and national economies. Most academic research falls in this category.

Ben Bernanke

Inclusive economic institutions require secure property rights and economic opportunities not just for the elite but for a broad cross-section of society.

Daron Acemoglu

The Fascist State lays claim to rule in the economic field no less than in others; it makes its action felt throughout the length and breadth of the country by means of its corporate, social, and educational institutions, and all the political, economic, and spiritual forces of the nation, organised in their respective associations, circulate within the State.

Benito Mussolini

But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and cannot, given the financial and economic framework within which the elders are operating. While the moral convictions of individuals are important in the long run, it is institutions that determine the immediate course of events - particularly the institutions of finance.

Louis O. Kelso

Corporations are economic entities, to be sure, but they are also social institutions that must justify their existence by their overall contribution to society.

Henry Mintzberg

We live in a world where there is a need for pluralistic institutions and for recognizing different types of freedom, economic, social, cultural, and political, which are interrelated.

Amartya Sen

Anarchism is a definite intellectual current in the life of our times, whose adherents advocate the abolition of economic monopolies and of all political and social coercive institutions within society. In place of the present capitalistic economic order Anarchists would have a free association of all productive forces based upon co-operative labour, which would have as its sole purpose the satisfying of the necessary requirements of every member of society, and would no longer have in view the special interest of privileged minorities within the social union.

Rudolf Rocker

The development of a political-economic framework to explore long-run institutional change occupied me during all of the 1980s and led to the publication of Institutions, Institutional Change and Economic Performance in 1990.

Douglass North

You need in the long run for stability, for economic growth, for jobs, as well as for financial stability, global economic institutions that make sure that growth to be sustained has to be shared, and are built on the principle that the prosperity of this world is indivisible.

Gordon Brown

The 'conspiracy theorist' is no longer a crazy person with a tinfoil hat, but they are the Edward Snowdens and the WikiLeaks that bring down major institutions and are the catalysts for social change.

Dean Haglund

Corporations are social institutions. If they don't serve society, they have no business existing

Henry Mintzberg

Political revolutions aim to change political institutions in ways that those institutions themselves prohibit. Their success therefore necessitates the partial relinquishment of one set of institutions in favor of another, and in the interim, society is not fully governed by institutions at all

Thomas Kuhn

A Quote by Eric Maskin

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