“Institutions are the humanly devised constraints that structure human interaction. They are made up of formal constraints (rules, laws, constitutions), informal constraints (norms of behavior, conventions, and self imposed codes of conduct), and their enforcement characteristics. Together they define the… — Thomas Dalton Copy Share Image
“Institutions are the humanly devised constraints that structure human interaction. They are made up of formal constraints (rules, laws, constitutions), informal constraints (norms of… — Thomas Dalton Copy Share Image
“The human mind creates a fundamental problem for human existence. The mind can always imagine a better state of the world than currently exists. … — Thomas Dalton Copy Share Image
“The difference between simplicity and disorganized complexity is that individual interactions can be learned in simplistic systems but only probabilities of disorganized-complex interactions can… — Thomas Dalton Copy Share Image
