Habits Quote by Thomas Dalton

When we speak of institutions, economists mean more than just organizations. We mean conventions, even rules, about how things are done.

— Paul Romer

“Reciprocal typifications of actions are built up in the course of a shared history. They cannot be created instantaneously. Institutions always have a history,…

— Peter L. Berger

“Institutionalization occurs whenever there is a reciprocal typification of habitualized actions by types of actors. Put differently, any such typification is an institution.21 What…

— Peter L. Berger

“Economic institutions shape economic incentives: the incentives to become educated, to save and invest, to innovate and adopt new technologies, and so on. It…

— Daron Acemoğlu

“The political institutions of a society are a key determinant of the outcome of this game. They are the rules that govern incentives in…

— Daron Acemoğlu

When the basic structure of society is publicly known to satisfy its principles for an extended period of time, those subject to these arrangements…

— John Rawls

Institutions do all the things that are supposed to be bad. They impede personal exploration. They enforce conformity. But they often save us from…

— David Brooks

“The development of specific mechanisms of social controls also becomes necessary with the historicization and objectivation of institutions. Deviance from the institutionally “programmed” courses…

— Peter L. Berger

“Institutional structures are legitimate insofar as they enhance the opportunity to freely inquire and create, out of inner need; otherwise, they are not.”

— Noam Chomsky

Institutions don't change the world in fundamental ways. The way the world changes is heart to heart to heart by individuals, not by institutions.

— Ram Dass

“Institutions or products of culture. But they formalize a set of norms.”

— Niall Ferguson

People make institutions, not vice versa.

— Shere Hite