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 artauctioncommonly Change image and 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
I've been wrong so often, I don't find it extraordinary at all. Ronald Coase extraordinaryfindhave 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
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 companycounteconomist 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
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
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
You wouldn't think there was a need for a Coase Theorem, really. Ronald Coase coasetheorem Change image and share on social