Quote
You wouldn't think there was a need for a Coase Theorem, really.
Quote
You wouldn't think there was a need for a Coase Theorem, really.
More from Ronald Coase
“You get more irrationality within the family and in consumer behavior than you get, say, in the behavior of firms in their purchases.”
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“There is no doubt that the recognition by economists of the importance of the role of the firm in the functioning of the economy will prompt them to investigate its activities more closely.”
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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.”
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“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.”
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“I'm selfish, impatient and a little insecure. I make mistakes, I am out of control and at times hard to handle. But if you can't handle me at my worst, then you sure as hell don't deserve me...”
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“You've gotta dance like there's nobody watching, Love like you'll never be hurt, Sing like there's nobody listening, And live like it's heaven on earth.”
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“So many books, so little time.”
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“You know you're in love when you can't fall asleep because reality is finally better than your dreams.”
“The person, be it gentleman or lady, who has not pleasure in a good novel, must be intolerably stupid.”
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