The theory of mechanism design can be thought of as the 'engineering' side of economic theory. Download Download Share on Facebook Share on Twitter Rotate quotes design economic engineer
The Nobel Prize is not very important for the winners - they are usually pretty successful people already. But it is valuable as a way of drawing the public's attention to important work in economics. Eric Maskin attentiondraweconomics Change image and share on social
Leo Hurwicz is the father of mechanism design theory and has inspired much of my work, and Roger Myerson is an old friend and collaborator and a tremendous economist. Eric Maskin collaboratordesigneconomist Change image and share on social
If I'm a bank, and I'm making risky loans, I have an incentive, if I can, to make those loans using other people's money: in other words, to make highly leveraged loans. Eric Maskin bankhighlyincentive Change image and share on social
I thank Marc Jacobs so much for giving me the opportunity to design a shoe for Louis Vuitton, but the thing that broke my heart most was when they said, 'You're finished. The shoe's finished.' Kanye West breakdesignfinish Change image and share on social
Color is a very critical thing. I've found that architects don't like colors. Engineers too. And so somebody has to stand in. Because this is the finish of it. It is the emotional part of a structure. John Hench architectcolorcritical Change image and share on social
Finding a 'sacrificial lamb' on whom to tag blame for complicated problems is an important instrument in the toolkit of politicians, because it deflects blame for the nation's economic woes away from their own regulatory lapses, economic mismanagement and coddling to labor unions. Clayton Christensen blamecoddlecomplicate share on social