“Of course, MIT was notable not just for its faculty but also for its students. And, facing such extremely bright kids as a rookie teacher was something like being thrown to the wolves.”

“The theory of mechanism design can be thought of as the 'engineering' side of economic theory.”

“If budget planning requires gathering information from people who may not always have the incentive to disclose that information, then the principles of mechanism design can definitely be of use in...”

“Leo Hurwicz is the father of mechanism design theory and has inspired much of my work, and Roger Myerson is an old friend and collaborator and a tremendous economist.”

“That strategic rivalry in a long-term relationship may differ from that of a one-shot game is by now quite a familiar idea. Repeated play allows players to respond to each other’s actions, and so e...”

“We investigate how the degree to which credit markets are centralized affects efficiency when there is asymmetric information. Specifically, we argue that decentralization of credit may promote eff...”

“Education doesnt make you happy. Nor does freedom. We dont become happy just because were free if we are. Or because weve been educated if we have. But because education may be the means by which...”

“Because I trust in the ever-changing climate of the heart. (At least, today I feel that way.) I think it is necessary to have many experiences for the sake of feeling something; for the sake of bei...”

“The past has no power over the present moment.”

“God and government can work together”

“When it comes down to it, government is simply an abandonment of responsibility on the assumption that there are people, other than ourselves, who really know how to manage things. But the governme...”

“In our country let us reject violence and selfishness which could destroy Nigeria unity.”