Public Choice Theory - Recognition

Recognition

Several notable Public Choice scholars have been awarded the Nobel Prize in Economics, including James M. Buchanan (1986), George Stigler (1982), and Gary Becker (1992). In addition, Vernon Smith (2002) and Elinor Ostrom (2009) were former Presidents of the Public Choice Society.

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Famous quotes containing the word recognition:

    Design in art, is a recognition of the relation between various things, various elements in the creative flux. You can’t invent a design. You recognise it, in the fourth dimension. That is, with your blood and your bones, as well as with your eyes.
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    Justice begins with the recognition of the necessity of sharing. The oldest law is that which regulates it, and this is still the most important law today and, as such, has remained the basic concern of all movements which have at heart the community of human activities and of human existence in general.
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    No democracy can long survive which does not accept as fundamental to its very existence the recognition of the rights of minorities.
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