A Quote by Ronald Coase

I'm no enthusiast for the Coase Theorem. I don't like it, but it's widely used. — © Ronald Coase
I'm no enthusiast for the Coase Theorem. I don't like it, but it's widely used.
I think I have met nearly all the Laureates in Economics. Among the few I haven't met, I suppose I'd most like to meet Ronald Coase because of his legendary power to persuade his colleagues of the validity of the Coase Theorem.
You wouldn't think there was a need for a Coase Theorem, really.
I tend to regard the Coase theorem as a stepping stone on the way to an analysis of an economy with positive transaction costs.
If you have to prove a theorem, do not rush. First of all, understand fully what the theorem says, try to see clearly what it means. Then check the theorem; it could be false. Examine the consequences, verify as many particular instances as are needed to convince yourself of the truth. When you have satisfied yourself that the theorem is true, you can start proving it.
We live in a society where we're not taught how to deal with our weaknesses and frailties as human beings. We're not taught how to speak to our difficulties and challenges. We're taught the Pythagorean theorem and chemistry and biology and history. We're not taught anger management. We're not taught dissolution of fear and how to process shame and guilt. I've never in my life ever used the Pythagorean theorem!
If you boat a lot, you're known as a boating enthusiast. I like to boat, but I just don't want to ever be referred to as a 'boating enthusiast'. I hope they call me 'a guy who likes to boat'.
I think that if your tenure case depends on your proving what you thought was a mathematical theorem and the proposed theorem turns out to be false just before your tenure decision, and you want to get tenure very badly, there is a sense in which it's perfectly understandable and reasonable of you to wish the proposed theorem were true and provable, even if it's logically impossible for it to be.
It's pretty satisfying to use an image when you don't have a great articulate response. And to be able to customize emoji? Imagine if you were a car enthusiast and you were able to create a car from scratch. That's what this is like for me. I'm an emoji enthusiast.
I'm just a fan, man. The best word I can come up with is an enthusiast. I'm a whiskey enthusiast. It really kind of snuck up on me.
The three discrete invariances - reflection invariance, charge conjugation invariance, and time reversal invariance - are connected by an important theorem called the CPT theorem.
Let me tell you, it is an absolute lie that I told a probe panel that Meiyappan was only a cricket enthusiast. All I said is he had nothing to do with the team's on-field cricketing decisions. I can't even pronounce the word 'enthusiast.'
There are many terms that have been used to describe me: man, comedian, disappointment, hammock enthusiast.
The elegance of a mathematical theorem is directly proportional to the number of independent ideas one can see in the theorem and inversely proportional to the effort it takes to see them.
Bells theorem dealt a shattering blow to Einsteins position by showing that the conception of reality as consisting of separate parts, joined by local connections, is incompatible with quantum theory... Bells theorem demonstrates that the universe is fundamentally interconnected, interdependent, and inseparable.
I'm an amateur science enthusiast. I'm not even a professional enthusiast. I don't know anything; I never even passed biology in high school. But I read the science section of the newspaper.
We re-make nature by the act of discovery, in the poem or in the theorem. And the great poem and the deep theorem are new to every reader, and yet are his own experiences, because he himself re-creates them. They are the marks of unity in variety; and in the instant when the mind seizes this for itself, in art or in science, the heart misses a beat.
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