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Get your copy of Gita Wirjawan’s book, “What It Takes: Southeast Asia”, NOW: https://sgpp.me/what-it-takes-yt And leave your review here: / what-it-takes ------------------------ Many of us have, at one time or another, questioned the real impact of a public policy. But Eric Maskin encourages us to shift the focus: instead of asking only what policies do, we should ask how the rules behind them are designed in the first place. A Nobel Prize–winning economist, Maskin is best known for developing the foundations of mechanism design theory. This branch of microeconomics—closely linked to game theory and information economics—examines how to structure rules and incentives so that socially desirable outcomes emerge, even when individuals act rationally and hold private information. In addition to his theoretical work, Maskin has proposed true-majority voting rules as a way to strengthen democratic systems. His approach addresses weaknesses in conventional electoral frameworks, which can be susceptible to elite capture, and aims to ensure that election outcomes more accurately reflect the will of the majority. More in this episode: 00:00 - Intro 02:12 - Eric Maskin’s upbringing 03:54 - The beauty of math and music 07:43 - Mechanism design 09:55 - Democracy & education 14:29 - Voting system 17:30 - China’s decentralization vs US monopoly 26:21 - Globalization & Inequality 33:53 - Fixing the ill market system 41:02 - Energy: True unequalizer? 45:55 - Should we raise teachers’ salaries? 49:46 - STEM 53:08 - Addressing inequality #Endgame #GitaWirjawan #EricMaskin ------------------ You might also like these episodes: • Keyu Jin: Centralized Power, Decentralized... • Victor Gao on How the US Misunderstands Ch... • China Predicted Its Rise 75 Years Ago - Er... ------------------ Special thanks to our ‘Future Narrators’ channel members: Mariko Yoshihara, Yemotto IBRAHIM, hobi kluyuran, Fajar Prasetyo, Dyah Firgiani, keetkaat, Arie Gunardi, Yayi Trisnawati D, Teddy Chow, Wwertyssnb, Priyanithi Dharsania Negara, Widi Aphrian, hndraable, hendro trihatmojo, Muhammad Taufik Evendi, QunÔºáan Syukrilah, Charles Andrew Tang, Ariyo Arinsa Putra, Reda Bellarbi, Jaz Simbolon, azam adnani, Muhammad Ismail Mubarak, Stefanus B. W., KATE WOLSKA, pixelcadet, Geralt Fajar Bukan, Jack Duan, Elmi CK Ong, Lucy March, Wahyu Jaka, Anggun Noventina, Irawan Purwono, Krishna Putra, Agnes Pranindita, Darso Arafa, nazaruddin nasir, 747sgw, Patricia S, Gusko Adnyana, Jerry Budiman, Mawan Darmawan, diah anggraini, Adrian Baskoro, Naufal M, Bambang Haryanto, Ezwan Zakaria, Marilyn C, Kianti Darusman, Revolution R, liza dewi, Joanna FKG, Susanto Uno, Taswin Munier, M Firaldi Akbar Zulkarnain, Seno wibowo, Hendry Ahen, Aria Widyanto, Ferdy Reza, Elnasdi Moda, Ilham R, Ayu Arman, Haju Ara Podcast, Flores Exotic Tours, Niki S, Anita Amalia, Meilisva AA Taniel, Dewi Risnawati, birgietta katherine, Derry Harnanda, Ridwan Sakidja, Rita Sahara