Quotes from Jean Tirole

Aghion's conclusion is that we have to redesign fiscal systems so they distinguish clearly between the creation of value and the enjoyment of economic rents, even if, in practice, this distinction is not always easy to make.

holding directorships;

When the iPhone was launched in 2007, Apple did not yet have its App Store,

The right to health care provides insurance against the misfortune of having bad genes.

Equality of opportunity in education aims to insure us against disparities arising from the situation in which we are born

hacking the website of an academic journal to change the referees' reports.

Human rights and freedoms protect us against arbitrary government.

Por otra parte, ese fenómeno se ve reforzado por el deseo de la gente de mostrar a los demás o a sí mismos que son «gente de bien»; nuestro altruismo no es totalmente puro, sino que está motivado en parte por nuestro deseo de aparentar, de labrarnos una buena imagen social y personal.

We need to move from a culture focused on monitoring the worker's presence to a culture focused on the results.

A biotech firm will therefore take care to create a downstream monopoly that maximizes profits from selling the drug.

we have forgotten its initial purpose, which was to ensure the worker's well-being.

a platform is usually not hostile to competition among sellers.

migrants bring economic benefits to a country, including for its workers in terms of more jobs and higher economic growth,

regimes that self-destruct through collective blindness.

to create true equality of opportunity,

creative destruction" as Schumpeter called it—

information could destroy health insurance systems,

decisions made by economic actors (households, firms, the state) are constrained by limited information.

social acceptability of digitization depends on us believing that our data will not be used against us,

In practice, however, the boundary between data and processing can be hard to establish.

the medical profession of tomorrow will not resemble the current one at all.

It's awful. Why did nobody see it coming?

medical students at Harvard made significant errors5 when calculating the probability that a patient had cancer

the 2008 crisis is a textbook case for the theory of information