Ronald Coase (Economist)

Ronald Coase (Economist)

Torture the Data and It Will Confess Tall Coffee or Tea Mug. Dr. Ronald Coase was one of those rarest of breeds, an economist with some common sense. And he knew that if you beat the data long enough and hard enough, it will eventually tell you what you want to know. Or more precisely, it will you what you want to hear, but in most cases that's good enough.

Torture the Data and It Will Confess Tall Coffee or Tea Mug. Dr. Ronald Coase was one of those rarest of breeds, an economist with some common sense. And he knew that if you beat the data long enough and hard enough, it will eventually tell you what you want to know. Or more precisely, it will you what you want to hear, but in most cases that's good enough.

Conceptul lui Ronald #Coase „Costuri de tranzacţie” şi pieţele financiare

Conceptul lui Ronald #Coase „Costuri de tranzacţie” şi pieţele financiare

Goede regulering - Ronald Coase

Goede regulering - Ronald Coase

Ronald Harry Coase (Professor Emeritus of Economics at the University of Chicago Law School , but was famed for his work done at the University at Buffalo) argued that without (or minimize) transaction costs the initial assignment of property rights makes no difference to whether or not the farmer and rancher can achieve the economically efficient outcome. Requirement - transactional property rights must be respected.

Ronald Harry Coase (Professor Emeritus of Economics at the University of Chicago Law School , but was famed for his work done at the University at Buffalo) argued that without (or minimize) transaction costs the initial assignment of property rights makes no difference to whether or not the farmer and rancher can achieve the economically efficient outcome. Requirement - transactional property rights must be respected.

Ronald Coase - Economics Noble Prize winner dies - a great article on Coase's work on property rights, information and markets

Ronald Coase - Economics Noble Prize winner dies - a great article on Coase's work on property rights, information and markets

Ronald Coase: "In my youth it was said that what was too silly to be said may be sung. In modern economics it may be be put into mathematics" (Ronald Coase, Nobel laureate in Economic Sciences)  Coase, Ronald H. 1990. The Firm, the Market, and the Law. Chicago: The University of Chicago Press. (p.185)

Ronald Coase: "In my youth it was said that what was too silly to be said may be sung. In modern economics it may be be put into mathematics" (Ronald Coase, Nobel laureate in Economic Sciences) Coase, Ronald H. 1990. The Firm, the Market, and the Law. Chicago: The University of Chicago Press. (p.185)

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