Elinor Ostrom

Political economist; laureate of the Sveriges Riksbank Prize in Economic Sciences, 2009

Recorded said elsewhere, not written here
Yes. Having lived through an era, where I was thinking of going to graduate school and was strongly discouraged because I would never be able to do anything but teach in a city college … Ah ha ha, life has changed!

Adam Smith, Telephone interview recorded immediately after the prize announcement, Nobel Prize Outreach, 12 October 2009 source ↗

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Tasuku Honjo Japanese immunologist and Nobel laureate
No, no. Well, you know, biology is such a complex system. It’s totally different from the engineering. We cannot design. Many people tried to find the therapy for cancer, but all failed. And myself, I never expected my research, working on the immune system, would lead to the cancer therapy. But, in a sense, I’m very fortunate that I also thought about it. You know, you have to try many things and if you’re lucky you can hit, but you have to pursue. That’s my feeling.
Recorded Adam Smith, Telephone interview recorded shortly after the prize announcement, Nobel Prize Outreach, 1 October 2018 source ↗
Carlos Slim Helú Businessman and investor; chairman of Grupo Carso and América Móvil
Well yes, but like I said, small mistakes or small failures. We take small failures very often. We have failures in investment. We have failures in operation, but no big mistakes or big failures. How do we take that? Like ordinary business.
Recorded Academy of Achievement interview, 2 December 2007 source ↗
August Wilson Playwright; two Pulitzer Prizes for Drama
I was writing poetry. But I found the theater such an exciting experience that one day I went home to try. I had one character say to the other guy, “Hey, man, what’s happening.” And the other guy said, “Nothing.” I sat there for twenty minutes and neither of my guys would talk. So 1 said to myself, “Well, that’s all right. After all, I’m a poet. I don’t have to be a playwright. To hell with writing plays. Let other people write plays.” I didn’t try to write a play for a number of years after that first experience.
Recorded Bonnie Lyons and George Plimpton, Interview conducted over lunch at the Sheraton Hotel’s Fourteenth Street Bar, Atlanta, The Paris Review, Issue 153, Winter 1999, 1999 source ↗
Joyce Carol Oates Novelist, short story writer and essayist
And so I finally felt that I’d given up. ... And towards the morning, I started thinking, “Well, failure is actually what most people experience in boxing.” ... And I found a way to write about the whole sport by way of beginning with failure, with the image of failure.
Recorded Academy of Achievement interview, 20 May 1997 source ↗

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Question What does everyone in your world seem to agree on that you think is wrong? Values & belief
Yes, we're showing that. But we're also showing a very important role for face-to-face or even written communication. So, the prediction was that nobody would self-monitor because that's a second level social dilemma, if you go to Game Theory. But, what we've found is that people will, but it can be … people can escalate into, 'I'll punish you, you punish him, mamamamamma,' and it gets worse and worse. So, with communication, where there's an agreement on what is going to be the … what we are going to do. The 'we' then being well-defined, then people can follow rules, be cooperative and, occasionally, sanction one another to help that continue.
Recorded Adam Smith, Telephone interview recorded immediately after the prize announcement, Nobel Prize Outreach, 12 October 2009 source ↗
Question What bad recommendations do people in your field repeat too often? Craft & work
Yes, but not with a formula. So there are many, many efforts now to decentralize and they create a rigid formula and give people rules from on top and say, 'Now it's yours.' And that isn't worked very well either. … And, you think about the variety. If you look at a countryside, think of the variety out there in terms of the ecological variety. Well, if people are going to manage ecological variety, no single set of rules will work in a semi-arid versus a tropical-wet region. They have to be different.
Recorded Adam Smith, Telephone interview recorded immediately after the prize announcement, Nobel Prize Outreach, 12 October 2009 source ↗

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