“Wealth acquired by creating value for society is not equivalent to wealth that comes from economic rents. For example, a very important factor in the increasing inequality of wealth in many countries has been the increase in real estate prices.48… — Jean Tirole Copy Share Image
“Aghion’s conclusion is that we have to redesign fiscal systems so they distinguish clearly between the creation of value and the enjoyment of economic rents, even if, in practice, this distinction is not always easy to make.” — Jean Tirole Copy Share Image
“decisions made by economic actors (households, firms, the state) are constrained by limited information.” — Jean Tirole Copy Share Image
“Equality of opportunity in education aims to insure us against disparities arising from the situation in which we are born” — Jean Tirole Copy Share Image
“Wealth acquired by creating value for society is not equivalent to wealth that comes from economic rents. For example, a very important factor in… — Jean Tirole Copy Share Image
“exacerbated eagerness to exploit the ignorance and prejudice of voters.” — Jean Tirole Copy Share Image
“Not only are we subject to cognitive biases, we also frequently seek out things that reinforce them. We interpret facts through the prism of… — Jean Tirole Copy Share Image
I should pay attention to what I know and not talk more just because I won a Nobel Prize. — Jean Tirole Copy Share Image
“The polarization of terms of employment between an ultraflexible fixed-term contract and an ultrarigid permanent contract divides the labor market between those who spend… — Jean Tirole Copy Share Image
“staying safely in the ivory tower is much more comfortable for academics,” — Jean Tirole Copy Share Image
