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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among the most fascinating of human social or economic inventions.
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It all dovetails into the economic forecast and the forecast for energy. It's a very local subject.
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but for my own part, if a book is well written, I always find it too short.
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This country, with its institutions, belongs to the people who inhabit it. Whenever they shall grow ...
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these borrowers, and the institutions that service them, could be exposed to significant losses.
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Much of it is established by social and economic order, ... But on those levels, both black and whit...
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Hopefully, this gift will help propel these institutions into the future.
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This is not an administration, after all, that cares much for what the rest of the world thinks, nor...
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The purpose of the report was to quantify and explain the economic value of aviation in South Caroli...
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Employment is a matter of great importance that concerns social stability, economic and social susta...
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I would go to the European institutions, I would demand for the French people four sovereignties: te...
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Those are very large institutions, so to make an impact on very large institutions such as those, th...
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To become different from what we are, we must have some awareness of what we are.
ERIC HOFFER
The well adjusted make poor prophets. A pleasant existence blinds us to the possibilities of drastic...
ERIC HOFFER
Art is skill, that is the first meaning of the word.
ERIC GILL
Prosperity is not just having things. It is the consciousness that attracts the things. Prosperity i...
ERIC BUTTERWORTH
Man is the only creature that strives to surpass himself, and yearns for the impossible.
ERIC HOFFER
The suspicious mind believes more than it doubts. It believes in a formidable and ineradicable evil ...
ERIC HOFFER
Dissipation is a form of self-sacrifice.
ERIC HOFFER
Nothing stops the man who desires to achieve. Every obstacle is simply a course to develop his achie...
ERIC BUTTERWORTH
A decision without the pressure of consequence is hardly a decision at all.
ERIC LANGMUIR.
When being dishonest, people can still tell the truth. Be mindful of the treacherous that do not lie...
ERIC PARSLOW
Those in possession of absolute power can not only prophesy and make their prophecies come true, but...
ERIC HOFFER
We lie loudest when we lie to ourselves.
ERIC HOFFER
Absolute faith corrupts as absolutely as absolute power.
ERIC HOFFER
There is no such thing as a lack of faith. We all have plenty of faith, it's just that we have faith...
ERIC BUTTERWORTH
They who lack talent expect things to happen without effort. They ascribe failure to a lack of inspi...
ERIC HOFFER
There is no loneliness greater than the loneliness of a failure. The failure is a stranger in his ow...
ERIC HOFFER
Facts are counterrevolutionary.
ERIC HOFFER
Where you are in consciousness has everything to do with what you see in experience.
ERIC BUTTERWORTH
Substantive abandonment of convention is evidence of mastery.
ERIC PARSLOW
It is remarkable by how much a pinch of malice enhances the penetrating power of an idea or an opini...
ERIC HOFFER
A great man's greatest good luck is to die at the right time.
ERIC HOFFER
Man was nature's mistake --she neglected to finish him -- and she has never ceased paying for her mi...
ERIC HOFFER
Truth and honesty are quite different. What a person believes to be true always follows when honesty...
ERIC PARSLOW
The game of history is usually played by the best and the worst over the heads of the majority in th...
ERIC HOFFER
It is by its promise of a sense of power that evil often attracts the weak.
ERIC HOFFER