” 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. “


” The theory of mechanism design can be thought of as the ‘engineering’ side of economic theory. “


” Economic forecasting has actually got pretty good over the years, though admittedly, we don’t always get it right. “


” I entered economics because of a course I took on ‘information economics,’ which I found fascinating. “


” I think I have met nearly all the Laureates in Economics. Among the few I haven’t met, I suppose I’d most like to meet Ronald Coase because of his legendary power to persuade his colleagues of the validity of the Coase Theorem. “


” Perhaps one day earthquakes, hurricanes and financial crashes will all be predictable. But we don’t have to wait until then for seismology, meteorology and economics to become sciences, they already are. “



All 6 Eric Maskin Quotes about Economic in picture


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.
The theory of mechanism design can be thought of as the


Economic forecasting has actually got pretty good over the years, though admittedly, we don
I entered economics because of a course I took on
I think I have met nearly all the Laureates in Economics. Among the few I haven
Perhaps one day earthquakes, hurricanes and financial crashes will all be predictable. But we don
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