Ronald Coase Quotes

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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
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
The law of property determines who owns something, but the market determines how it will be used. -Ronald Coase
the-law-property-determines-who-owns-something-but-market-determines-how-it-will-be-used
I tend to regard the Coase theorem as a stepping stone on the way to an analysis of an economy with positive transaction costs. -Ronald Coase
i-tend-to-regard-coase-theorem-as-stepping-stone-on-way-to-analysis-economy-with-positive-transaction-costs
I'm no enthusiast for the Coase Theorem. I don't like it, but it's widely used. -Ronald Coase
im-no-enthusiast-for-coase-theorem-i-dont-like-it-but-its-widely-used
You get more irrationality within the family and in consumer behavior than you get, say, in the behavior of firms in their purchases. -Ronald Coase
you-get-more-irrationality-within-family-in-consumer-behavior-than-you-get-say-in-behavior-firms-in-their-purchases
I've been wrong so often, I don't find it extraordinary at all. -Ronald Coase
ive-been-wrong-often-i-dont-find-it-extraordinary-at-all
People have used my views for purposes which are very different from mine. -Ronald Coase
people-have-used-my-views-for-purposes-which-are-different-from-mine
You wouldn't think there was a need for a Coase Theorem, really. -Ronald Coase
you-wouldnt-think-there-was-need-for-coase-theorem-really
In my long life, I have known some great economists, but I have never counted myself among their number nor walked in their company. -Ronald Coase
in-my-long-life-i-have-known-some-great-economists-but-i-have-never-counted-myself-among-their-number-nor-walked-in-their-company
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
what-i-have-done-is-to-show-importance-for-working-economic-system-what-may-be-termed-institutional-structure-production
Technology is at a point where we should allow multiple parties to occupy the same spectral space. -Ronald Coase
technology-is-at-point-where-we-should-allow-multiple-parties-to-occupy-same-spectral-space
Changes like the telephone and telegraphy, which tend to reduce the cost of organizing spatially, will tend to increase the size of the firm. -Ronald Coase
changes-like-telephone-telegraphy-which-tend-to-reduce-cost-organizing-spatially-will-tend-to-increase-size-firm
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