„The view that now pervades much public policy economics implicitly presents the relevant choice as between an ideal norm and an existing "imperfect" institutional arrangement. This nirvana approach differs considerably from a comparative institution approach in which the relevant choice is between alternative real institutional arrangements.“

—  Harold Demsetz, Cited in: Eggertsson (1990; 22)
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Harold Demsetz7
American economist 1930
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„I think the Mussolinean institution of a third way alternative to communism is currently still very relevant.“

—  Gianfranco Fini Italian politician 1952
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„They (social costs) are damages or diseconomies sustained by the economy in general, which under different institutional conditions could be avoided. [... ] if these costs were inevitable under any kind of institutional arrangement they would not really present a special theoretical problem. [... ] to reveal their origin, the study of social costs must always be an institutional analysis. Such an analysis raises inevitably the question of institutional reform and policy.“

—  Karl William Kapp American economist 1910 - 1976
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„... the importance of recovering the customs and the institutions of the past thus inaugurating the archaeological approach to art“

—  Raja Ravi Varma Indian painter 1848 - 1906
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„A constitution is framed for ages to come, and is designed to approach immortality as nearly as human institutions can approach it.“

—  John Marshall fourth Chief Justice of the United States 1755 - 1835
Cohens v. Virginia, 19 U.S. (6 Wheaton) 264, 387 (1821)

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