Mancur Olson quotes

No analysis of the limits of economic freedom or the uses of coercion by government, labor unions, or organizations of any kind can do justice to the complexity of the subject without taking account of the distinction between collective and noncollective goods. (Mancur Olson)
A theory of power has long been the Holy Grail for political science, but the Grail has not been found. View quote
Mancur Olson
The spontaneous individual optimization that drives the theories with which I began is important, but it is not enough by itself. If spontaneous Coase‐style bargains, whether through laissez-faire or political bargaining and government, eliminated socially wasteful predation and obtained the institutions that are needed for a thriving market economy, then there would not be so many grossly inefficient and poverty-stricken societies. View quote
Mancur Olson

Mancur Olson

Occupation: American Economist
Born: January 22, 1932
Died: February 19, 1998
Quotes count: 3
Wikipedia: Mancur Olson

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