Leadership Quotes

What separates leaders from the crowd? These words from history's most influential figures reveal the answer.

30104 quotes

R
"Choice architecture—how options are presented—is one of the most underutilized policy tools."
Richard Thaler
R
"The best nudges are often invisible. People shouldn't feel manipulated; they should feel they made a free choice."
Richard Thaler
J
"The optimal contract balances the need to motivate effort with the desire to share risk fairly."
James Mirrlees
J
"Taxation without understanding behavioral response is legislation without foresight."
James Mirrlees
J
"The designer of institutions shoulders responsibility for the incentives those institutions create."
James Mirrlees
J
"Economic policy divorced from moral considerations is incomplete policy."
James Mirrlees
R
"Leadership is the art of making others believe in themselves more than you do."
Raj Patel
M
"We need to recognize the entrepreneurial state as a creator of markets, not just a fixer of market failures."
Mariana Mazzucato
M
"The state must be bold in its vision and patient in its execution."
Mariana Mazzucato
M
"The entrepreneurial state creates the conditions for private sector innovation to flourish."
Mariana Mazzucato
M
"Innovation ecosystems require strong public institutions that can pursue long-term visions."
Mariana Mazzucato
M
"Innovation requires both risk-taking and strategic direction, both of which public institutions can provide."
Mariana Mazzucato
G
"The quality of institutions depends on how well they manage information and trust."
George Akerlof
G
"Organizations develop cultures and norms precisely to solve the information problem."
George Akerlof
G
"Good institutions are transparent institutions that reduce the scope for adverse selection and moral hazard."
George Akerlof
G
"Institutional design matters because institutions solve information problems in ways that markets cannot."
George Akerlof
G
"The quality of governance depends on how well it manages the inevitable information problems of collective action."
George Akerlof
K
"Economic policy should aim at thriving, not just growing."
Kate Raworth
K
"Economic models shape reality; let's design better ones."
Kate Raworth
K
"The measure of a good economy is not growth, but the wellbeing of all within planetary boundaries."
Kate Raworth
K
"The future economy will be one where profit serves purpose, not the other way around."
Kate Raworth
E
"Design matters because the structure of incentives shapes everything that follows."
Eric Maskin
E
"Mechanism design asks: what structure would make people want to do the right thing?"
Eric Maskin
E
"The architect of institutions bears responsibility for their consequences."
Eric Maskin
J
"Incentive compatibility is the hidden architecture upon which all successful organizations are built."
James Mirrlees
J
"Policy makers who ignore incentive effects are architects of unintended consequences."
James Mirrlees
J
"The incentive structure of an organization determines its behavior more than any stated mission."
James Mirrlees
V
"The invisible hand works because individuals pursue their own interests within rules."
Vernon Smith
V
"Leadership means creating the conditions for others to succeed, not controlling them."
Vernon Smith
V
"Leadership without moral grounding is just power-seeking."
Vernon Smith