Phrase by 'Eric Maskin'
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I choose questions to work on according to how much they excite me.
Author: Eric Maskin - American EconomistMe , Work , Questions , Choose
In various countries around the world, assets that had previously been in the hands of governments were sold off to the private sector in the hope that this would lead to a more efficient allocation, that these assets would be put to better use.
Author: Eric Maskin - American EconomistWorld , Better , Hands , Hope
A properly designed tax system can strike a balance between helping the poor and, at the same time, giving people the incentive to work.
Author: Eric Maskin - American EconomistPeople , Time , Work , Balance
Prediction is certainly a valuable goal in science, but not the only one. Explanation is also important, and there are plenty of sciences that do a lot of explaining and not much predicting.
Author: Eric Maskin - American EconomistScience , Only , Important , Valuable
Through meteorology, we know essentially how hurricanes form, even though we can't say where the next storm will arise.
Author: Eric Maskin - American EconomistKnow , Say , Will , Storm
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.
Author: Eric Maskin - American EconomistDay , Will , Wait , Economics