Quote by Jean Tirole
"The firm is not just a profit-maximizing machine; it is an institution embedded in society with responsibilities beyond shareholders."
More from Jean Tirole
"The market is not an invention of capitalism. It has existed for centuries. It is an invention of civilization."
"Economics is not about money. It is a study of choice under constraint."
"Incentives matter more than intentions."
"The purpose of economic theory is to understand human behavior, not to condemn it."