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Ronald Coase Quotes

Despite all the efforts of art dealers, the number of Rembrandts existing at a given time is limited; yet such paintings are commonly disposed of by auction Picture Quote #1

The pollution problem is always seen as someone who was doing something bad that has to be stopped. To me, pollution is doing something bad and good. People don’t pollute because they like polluting. They do it because it’s a cheaper way of producing something else Picture Quote #1

Economics as currently presented in textbooks and taught in the classroom does not have much to do with business management, and still less with entrepreneurship Picture Quote #1

People have used my views for purposes which are very different from mine Picture Quote #1

What I have done is to show the importance for the working of the economic system of what may be termed the institutional structure of production Picture Quote #1

In fact, a large part of what we think of as economic activity is designed to accomplish what high transaction costs would otherwise prevent or to reduce transaction costs so that individuals can negotiate freely and we can take advantage of that diffused knowledge of which Friedrich Hayek has told us Picture Quote #1

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During the two centuries since the publication of ‘The Wealth of Nations,’ the main activity of economists, it seems to me, has been to fill the gaps in Adam Smith’s system, to correct his errors and to make his analysis vastly more exact Picture Quote #1

Data can’t speak for itself; it’s up to you to give it a voice. Try to speak truthfully Picture Quote #1

If you torture the data long enough, it will confess Picture Quote #1

In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics Picture Quote #1

Data can’t speak for itself; it’s up to you to give it a voice. Try to speak truthfully Picture Quote #1

We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than dispelled by the political organization, exert a strong influence on policy making Picture Quote #1

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Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world Picture Quote #1

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Despite all the efforts of art dealers, the number of Rembrandts existing at a given time is limited; yet such paintings are commonly disposed of by auction. (Ronald Coase Quotes) The pollution problem is always seen as someone who was doing something bad that has to be stopped. To me, pollution is doing something bad and good. People don’t pollute because they like polluting. They do it because it’s a cheaper way of producing something else. (Ronald Coase Quotes) Economics as currently presented in textbooks and taught in the classroom does not have much to do with business management, and still less with entrepreneurship. (Ronald Coase Quotes) People have used my views for purposes which are very different from mine (Ronald Coase Quotes) What I have done is to show the importance for the working of the economic system of what may be termed the institutional structure of production. (Ronald Coase Quotes) In fact, a large part of what we think of as economic activity is designed to accomplish what high transaction costs would otherwise prevent or to reduce transaction costs so that individuals can negotiate freely and we can take advantage of that diffused knowledge of which Friedrich Hayek has told us. (Ronald Coase Quotes) During the two centuries since the publication of ‘The Wealth of Nations,’ the main activity of economists, it seems to me, has been to fill the gaps in Adam Smith’s system, to correct his errors and to make his analysis vastly more exact. (Ronald Coase Quotes) Data can’t speak for itself; it’s up to you to give it a voice. Try to speak truthfully. (Ronald Coase Quotes) If you torture the data long enough, it will confess (Ronald Coase Quotes) In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics (Ronald Coase Quotes) Data can’t speak for itself; it’s up to you to give it a voice. Try to speak truthfully (Ronald Coase Quotes) We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than dispelled by the political organization, exert a strong influence on policy making (Ronald Coase Quotes) Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world (Ronald Coase Quotes)