If people who have to work together in an enterprise trust one another it is because they are all operating to a common set of ethical norms....such a society will be better able to innovate...since the high degree of trust will permit a wide variety of social relationships to emerge.
Francis FukuyamaTo truly esteem oneself means that one must be capable of feeling shame or self-disgust when one does not live up to a certain standard
Francis FukuyamaIn the future the optimal form of industrial organization will be neither small companies nor large ones but network structures that share the advantages of both.
Francis FukuyamaNeoclassical economics ... has uncovered important truths about the nature of money and markets because its fundamental model of rational self-interested human behavior is correct about 80% of the time.
Francis FukuyamaAs a piece of travel literature alone, 'The Ends of the Earth' succeeds in providing a tangible sense of the sweaty, smelly reality of many exotic points on the map, with glimpses of their cruelty but also, occasionally, of beauty and human kindness. As a piece of analysis, it is deeply thought-provoking.
Francis Fukuyama