Quotessence
Home / Quotes / Quote by Ronald Coase

Quote by Ronald Coase

Author

Ronald Coase
Ronald Coase

Ronald Coase was a prominent economist known for his significant contributions to the economic analysis of law and the theory of the firm. Born on December 29, 1910, in Largs, Scotland, Coase passed away on September 2, 2013. His work on transaction costs has had a lasting impact on the field of economics. more

You May Also Like

“The reason for your poor projections is often right in front of you. Whether you are using statistical analysis or just an average, sometimes the way you are calculating your numbers doesn't make any sense. Sometimes it's best to get up, take a walk, and revisit your calculations later. I have returned to my work many times and said: "Why the hell would I calculate it like that?"”