You should not forget that without all the work in law and economics, a great part of which has been supported by the John M. Olin Foundation, it is doubtful whether the importance of my work would have been recognized. Ronald Coase doubtfuleconomicsforget share on social
People have used my views for purposes which are very different from mine. Ronald Coase minepeoplepurpose Change image and share on social
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 costfirmincrease Change image and share on social
The tools used by economists to analyze business firms are too abstract and speculative to offer any guidance to entrepreneurs and managers in their constant struggle to bring novel products to consumers at low cost. Ronald Coase abstractanalyzebring share on social
You wouldn't think there was a need for a Coase Theorem, really. Ronald Coase coasetheorem Change image and share on social
Technology is at a point where we should allow multiple parties to occupy the same spectral space. Ronald Coase multipleoccupyparty Change image and share on social
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 badcheapgood share on social
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. Ronald Coase activitycloselydoubt Change image and share on social
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 businessclassroomeconomics Change image and share on social
I'm no enthusiast for the Coase Theorem. I don't like it, but it's widely used. Ronald Coase coaseenthusiasttheorem Change image and share on social
