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The key point is that one cannot understand institutions and their causal effects in isolation of production structure.
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The I.M.F. may be a poorly understood institution, but it does not have to be a poorly governed one.
The rest of the community is not obligated to interpret the couple's relationship in the light of these assumptions; but because marriage is such a familiar and generally understood institution, virtually the whole community will be able to understand the signal that the couple is sending.
Occupy Wall Street seems perfectly positioned to apply the pressure needed to mend this hugely important, but little understood institution.
But I told her, 'To do that, you need to understand the institutions that have the power the institutions of Israeli nationalism.' And at some point she found the idea compelling".
But I told her, 'To do that, you need to understand the institutions that have the power — the institutions of Israeli nationalism.' And at some point she found the idea compelling".
Peter Hennessy, Britain's best historian of Whitehall, concludes that Mr Blair "didn't understand how institutions worked.
They understand that institutions are fallible, will break down, and may themselves become agencies of harm.
In order to understand how institutions may process the meaning of these signals, we appeal to the theory of information entropy, which measures precisely this idea of correlating the uncertainty surrounding an outcome to its inherent meaning.
This view is holistic and seeks to understand the institutions and structures (formal and informal) that help to develop and maintain entrepreneurial human capital within a specific context or ecosystem (Baron and Markman 2003; Davidsson and Honig 2003; Lengyel et al. 2015; Mason and Brown 2014; Napier and Hansen 2011; Westlund and Bolton 2003).
They also understand which institutions are unsophisticated and they apparently are not afraid to say so".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com