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. Eric Maskin allocationassetcountry share on social
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 buildhighlyindustry Change image and share on social
I choose questions to work on according to how much they excite me. Eric Maskin chooseexcitequestion Change image and share on social
I like to work on a number of things simultaneously. If you're working on a variety of projects and if you get stuck on one of them, you can move to another without grinding your gears indefinitely. Eric Maskin geargrindindefinitely Change image and share on social
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. Eric Maskin explainexplanationgoal Change image and share on social
I have a strong attachment to Harvard. Eric Maskin attachmentharvardstrong Change image and share on social
Of course, MIT was notable not just for its faculty but also for its students. And, facing such extremely bright kids as a rookie teacher was something like being thrown to the wolves. Eric Maskin brightextremelyface Change image and share on social
Markets work well with goods that economists call private goods. Eric Maskin calleconomistgood Change image and share on social
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 crashdayearthquake share on social
I was born in New York City but grew up across the Hudson River in Alpine, New Jersey. Eric Maskin alpinebearcity Change image and share on social
