In an industry with highly sequential innovation, it may be better for society to scrap patents altogether than try to tighten them.

More Quotes by Eric Maskin

There are some things that we value as a public good that the markets can't deliver, like clean air.

I entered economics because of a course I took on 'information economics,' which I found fascinating.

Through meteorology, we know essentially how hurricanes form, even though we can't say where the next storm will arise.

I'm not a housing market expert, and I don't want to pretend to be one.

Most policy makers embrace a religious-like belief that the market can and should solve every problem.

I was born in New York City but grew up across the Hudson River in Alpine, New Jersey.