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Eric Maskin Quotes


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Quotes by Eric Maskin

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There is universal consensus among experts that the earth's atmosphere is heating up - and that we are responsible for it by putting carbon dioxide in the atmosphere. We also know that the consequences of global warming are catastrophic. But how do we make sure that all countries reduce greenhouse gases?

~Eric Maskin

Topics: Also Among Atmosphere Carbon Carbon Dioxide Catastrophic Consensus Consequences Countries Earth Experts Gases Global Global Warming Greenhouse Greenhouse Gases Heating How Know Make Putting Reduce Responsible Sure Universal Up Warming

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It wasn't that Harvard was deliberately trying to overwork me, but I think I had a tendency to take on more things out of enthusiasm than were good for me.

~Eric Maskin

Topics: Deliberately Enthusiasm Good Had Harvard Me More Out Overwork Take Tendency Than Things Think Trying Were I Think

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Through meteorology, we know essentially how hurricanes form, even though we can't say where the next storm will arise.

~Eric Maskin

Topics: Arise Essentially Even Form How Hurricanes Know Next Say Storm Though Through Where Will

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I probably learned most at MIT by teaching and working with Peter Diamond, who acted like a big brother to me during my time in the department.

~Eric Maskin

Topics: Acted Big Big Brother Brother Department Diamond Learned Like Me Mit Most My Time Peter Teaching Time Who Working

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If budget planning requires gathering information from people who may not always have the incentive to disclose that information, then the principles of mechanism design can definitely be of use in such planning.

~Eric Maskin

Topics: Always Budget Definitely Design Disclose Gathering Incentive Information May Mechanism People Planning Principles Requires Then Use Who

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A properly designed tax system can strike a balance between helping the poor and, at the same time, giving people the incentive to work.

~Eric Maskin

Topics: Balance Between Designed Giving Helping Incentive People Poor Properly Same Same Time Strike System Tax Tax System Time Work

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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.

~Eric Maskin

Topics: Become Crashes Day Earthquakes Economics Financial Hurricanes One Day Perhaps Predictable Sciences Then Until Wait Will

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Many markets work best with little or no outside interference. But others - especially those subject to big 'externalities' - need a helping hand.

~Eric Maskin

Topics: Best Big Hand Helping Helping Hand Interference Little Many Markets Need Others Outside Subject Those Work

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Specifically, in the software industry, progress is highly sequential: progress is typically made through a large number of small steps, each building on the previous ones.

~Eric Maskin

Topics: Building Each Highly Industry Large Large Number Made Number Previous Progress Small Software Specifically Steps Through

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Markets work well with goods that economists call private goods.

~Eric Maskin

Topics: Call Economists Goods Markets Private Well Work

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Biography

Nationality: American

Type: Economist

Born: December 12th, 1950

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