Ronald Coase

The main reason why it is profitable to establish a firm would seem to be that there is a cost of using the price mechanism. The most obvious cost of 'organizing' production through the price mechanism is that of discovering what the relevant prices are.

The image of the scientist who puts the pursuit of truth before anything else has been shattered and replaced by a man on the make or a quasi-religious enthusiast who wants to prove his case at any cost. Science is becoming the tool of campaigning warfare, in which truth is the first casualty.

Words are the children of reason and, therefore, can't explain it. They really can't translate feeling because they're not part of it. That's why it bugs me when people try to analyze jazz as an intellectual theorem. It's not. It's feeling.