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)

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

Related topics

course forecast social theorist work

Related quotes

Like so many empires before it, the Soviet Union eventually imploded and fragmented, falling victim not so much to a direct military defeat as to disintegration accelerated by economic and social strains. View quote
Zbigniew Brzezinski
Quite clearly, our task is predominantly metaphysical, for it is how to get all of humanity to educate itself swiftly enough to generate spontaneous social behaviors that will avoid extinction. View quote
Buckminster Fuller
No, this trick won't work.... How on earth are you ever going to explain in terms of chemistry and physics so important a biological phenomenon as first love. View quote
Albert Einstein
It will be sufficient to point to the enormous burdens which armaments place on the economic, social, and intellectual resources of a nation, as well as on its budget and taxes. View quote
Ludwig Quidde
Everybody is of course free to interpret the work in his own way. I think seeing a picture is one thing and interpreting it is another. View quote
Jasper Johns