Robert Merton
Robert Merton
Robert King Mertonwas an American sociologist. He spent most of his career teaching at Columbia University, where he attained the rank of University Professor. In 1994 he was awarded the National Medal of Science for his contributions to the field and for having founded the sociology of science. He is considered a founding father of modern sociology...
ProfessionScientist
Date of Birth4 July 1910
access additional benefit capital layer markets products public responsibility
The benefit would be access to public capital markets so it can take on new products and markets. The disadvantage is an additional layer of responsibility and reporting.
developed employed financial technology today variety wide
In effect, the same kind of methodology or technology that was developed about 25 years ago is being employed today in a wide variety of the financial spectrum,
achieve fair foul mandate moral pressure succeed success
The moral mandate to achieve success exerts pressure to succeed by fair means, if possible, and by foul means, if necessary.
last magnitude occurred practice
We thought it would have significance for practice but nothing of the magnitude that's occurred over the last 20 or so years,
nice point
The point is not that they will then be nice to you. It is that you will feel better about yourself.