The Nash Institute

"the standardization of the value of the international money unit, would remove, where it would be used, the political roles of the "grand pardoners", the state authorities that can forgive the debts" John F Nash Jr., Ideal Money, 2002 buff.ly/2OEahlI

My opinion now is that it is desirable that a standard for a comparatively "ideal" currency should be structured so that the form of money established would have some attractiveness for "hoarding" John F Nash Jr., Ideal Money, 2010 buff.ly/3PDs2Al

"…a "Keynesian" would favor the existence of a "manipulative" state establishment of central bank and treasury...with comparatively little regard for the long term reputation of the national currency…" John F Nash Jr., Ideal Money, 2003 buff.ly/3LBjrwP

"The Keynesians implicitly always have the argument...it is not needed or appropriate for the citizenry or the "customers" of the currency supplied by the state to actually understand, while the managers are managing, what exactly they are doing..." buff.ly/3T1rxDA

"I see this as analogous to how the "Bolshevik communists" were claiming to provide something much better than the "bourgeois democracy"...But in the end the "dictatorship of the proletariat" seemed to become rather exposed" John F Nash Jr., 2003 buff.ly/3tzsIPO

"The label "Keynesian" is convenient, but to be safe we should have a defined meaning for this as a party that can be criticized and contrasted with other parties." John F Nash Jr., Ideal Money and Asymptotically Ideal Money, 2003 buff.ly/3LBjrwP

"A truly "Machiavellian" regime can rationally scheme to make the citizenry of the state FEEL well served (at least for a relatively short time period) independently of whatever might be most truly best for them (as seen from an "Olympian" viewpoint)." buff.ly/3vSJdSV

"So let us define "Keynesian" to be descriptive of a "school of thought" that originated at the time of the devaluations of the pound and the dollar in the early 30's of the 20th century." John F Nash Jr., Ideal Money and Asymptotically Ideal Money, 2003 buff.ly/3LBjrwP

"There are situations in politics or international economics in which, effectively, a group of interests are involved in a non-cooperative game without being aware of it; the non-awareness making the game truly non-cooperative." John Nash, 1954 buff.ly/WZ6PeGW

Two-Person Cooperative Games reviews the bargaining theory in a more general context where the two players have a variety of actions that they can take, before they are cooperating at all, which can variously affect their welfare circumstances (or payoffs) buff.ly/4bY8Qr6

Another notable concept, in relation to the issue of "completeness" for a system of logic, is that of "axioms of infinity" in relation to the study of issues of "set theory". John F Nash Jr., 2010 buff.ly/3T6qSyX

"I was thinking about the non-expanding universe and the idea that the universe might not be expanding..." John F Nash Jr., Hong Kong, 2011 buff.ly/3NB2iU8

"we're going back to the US on the airplane tomorrow; we might not get there - that's fate." John F Nash Jr., 2015 buff.ly/3Qm1cLY

"...like with a species of insects providing fertilization for a flowering species of plants, then the cooperation exists and is maintained, not by the enforcement of a verbal contract but presumably by the action of "natural selection"..." buff.ly/47bmDHY

a money would be more or less equivalently good if it had a completely steady and constant rate of inflation. Then this inflation rate could be added to all lending and borrowing contracts. So the problem of a money that would be "TOO GOOD" is avoidable buff.ly/3S1UE9j

"Gambarelli has been interested in the connections with voting power issues similar to those which inspired the invention of the Banzhaf index." John F Nash Jr., 2001 buff.ly/47bmDHY

"I really feel I have discovered - well, it's hard to describe it - but there has been a deterioration in the quality of money that's observable in many areas, and it brings out questions." John F Nash Jr., 2004 buff.ly/3iBPRIB

"Edgeworth applied an indifference-curve method to bilateral monopoly and obtained his famous contract curve...a solution only in the sense that it restricts the possibilities, and not in the sense that it determines the outcome uniquely." 1951 buff.ly/3BOWK3c

"in the Garden of Eden, it was not necessary to work...near the Tigris and Euphrates rivers, where there was the tree of life and tree of knowledge, if Adam and Eve could restrict themselves...they could live happily ever after" John F Nash Jr., 2011 buff.ly/3Ew2eQn

"...it is logical for human advisors of human societies to be wary when the world, in 2008, seems not yet ready for a globally effective federal government comparable to those operating on national levels in Berne or Washington." John F Nash Jr., 2008 buff.ly/46j4k3s

"Much of this living of the modern humans is very, very recent. Man has existed for much longer than has this technology". John F Nash Jr., 2004 buff.ly/3xnVQWv