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Tag Name "Instituting" (4)

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If we did not have a patent system, it would be irresponsible, on the basis of our present knowledge of its economic consequences, to recommend instituting one. But since we have had a patent system for a long time, it would be irresponsible, on the basis of our present knowledge, to recommend abolishing it.
Fritz Machlup
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Fighting with a large army under your command is nowise different from fighting with a small one: it is merely a question of instituting signs and signals.
Sun Tzu
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Most arguments for instituting or raising a minimum wage are based on fairness and redistribution. Even if workers are getting a competitive wage, many of us are deeply disturbed that some hard-working families still have very little.
Christina Romer
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For the first time, humanity is instituting a genuine instrument Kyoto Protocol of global governance,...By acting together, by building this unprecedented instrument, the first component of an authentic global governance, we are working for dialogue and peace.
Jacques Chirac