Jean Tirole
Born
in Troyes, France
August 09, 1953
More books by Jean Tirole…
“Not only are we subject to cognitive biases, we also frequently seek out things that reinforce them. We interpret facts through the prism of our beliefs; we read the newspapers and seek the company of people who will confirm us in those beliefs; and thus we stick obstinately to these beliefs, whether or not they are correct.”
― Economics for the Common Good
― Economics for the Common Good
“Finally, is it fair that the pollution caused, in China for example, by the production of goods exported to the United States and Europe be counted as Chinese pollution, and be covered by the system of permits to which all countries, including China, would be subject? The answer is that Chinese firms that emit GHGs when they produce exported goods will pass the price of carbon through to American and European importers so that rich country consumers will pay for the pollution their consumption induces. International trade does not alter the principle that payment should be collected where emissions are produced.”
― Economics for the Common Good
― Economics for the Common Good
“Inequality is expensive for two reasons, one connected with justice and one with efficiency.”
― Economics for the Common Good
― Economics for the Common Good
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