Mancur Olson Quotes

Mançur Lloyd Olson Jr. was an American economist and social scientist who taught economics at the University of Maryland, College Park. His most influential contributions were in institutional economics, and in the role which private property, taxation, public goods, collective action, and contract rights play in economic development. Wikipedia

✵ 22. January 1932 – 19. February 1998

Works

The Logic of Collective Action

The Logic of Collective Action

Mancur Olson

Mancur Olson: 3 quotes 0 likes

Famous Mancur Olson 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 book The Logic of Collective Action

The Logic of Collective Action: Public Goods and the Theory of Groups (1965), III. The Labor Union and Economic Freedom

“A theory of power has long been the Holy Grail for political science, but the Grail has not been found.”

Mancur Olson

Power and Prosperity: Outgrowing Communist and Capitalist Dictatorships (2000), Ch. 1 The Logic of Power

“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

"Big Bills Left on the Sidewalk: Why Some Nations Are Rich, and Others Poor"

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