Fascinated by history during my secondary education, then by physics and mechanics at the Ecole Polytechnique, I finally entered the national administration of mines in 1936. Maurice Allais administrationecoleeducation Change image and share on social
I was born May 31, 1911, in Paris. My parents owned a small cheese shop, and my maternal grandfather was a carpentry worker. I thus came from what is commonly known as the working class. Maurice Allais bearcarpentrycheese Change image and share on social
The reality is that the institutional framework in which Wall Street operates is fundamentally inappropriate, and it inevitably generates violent fluctuations of the market. Maurice Allais fluctuationframeworkfundamentally Change image and share on social
All science is based on models, and every scientific model comprises three distinct stages: statement of well-defined hypotheses; deduction of all the consequences of these hypotheses, and nothing but these consequences; confrontation of these consequences with observed data. Maurice Allais basecompriseconfrontation share on social
Throughout the years following World War II and until the formation of the European Economic Community in 1958, I was very active as a national or international rapporteur at many of the international conferences aiming to establish an European community. Maurice Allais activeaimcommunity share on social
It would be just as pointless to oppose the international use of English today as it would have been to oppose the worldwide use of French in the 18th century. Maurice Allais 18thcenturyenglish Change image and share on social
Wall Street has become a veritable casino. Maurice Allais casinostreetveritable Change image and share on social
We must take the world as it is and not as we would like it to be. Maurice Allais world Change image and share on social
I received my high school baccalaureate diploma in Latin and Science in 1928, then my two baccalaureate diplomas in Mathematics and Philosophy in 1929. Maurice Allais baccalaureatediplomahigh Change image and share on social
My motivation was an idea of being able to improve the conditions of life, to try to find a remedy to many of the problems facing the world. That's what led me into economics. I saw it as a way of helping people. Maurice Allais conditioneconomicsface share on social
