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Mancur Olson
3 quotes
“No analysis of the limits of economic freedom or the uses of coercion by government, labor unions, or organizations of any kind can do justice to the complexity of the subject without taking account of the distinction between collective and noncollective goods.”
Mancur Olson (1932–1998) first seen 1965 wikiquote, CC BY-SA 4.0 source
Recorded in: The Logic of Collective Action: Public Goods and the Theory of Groups (1965), III. The Labor Union and Economic Freedom
“The spontaneous individual optimization that drives the theories with which I began is important, but it is not enough by itself. If spontaneous Coase‐style bargains, whether through laissez-faire or political bargaining and government, eliminated socially wasteful predation and obtained the institutions that are needed for a thriving market economy, then there would not be so many grossly inefficient and poverty-stricken societies.”
Mancur Olson (1932–1998) said by 1998 at the latest wikiquote, CC BY-SA 4.0 source
“A theory of power has long been the Holy Grail for political science, but the Grail has not been found.”
Mancur Olson (1932–1998) said by 1998 at the latest wikiquote, CC BY-SA 4.0 source
Recorded in: Power and Prosperity: Outgrowing Communist and Capitalist Dictatorships (2000), Ch. 1 The Logic of Power