Quotes
Authors
Ronald Coase

"In fact, a large part of what we think of as economic activity is designed to accomplish what high transaction costs would otherwise prevent or to reduce transaction costs so that individuals can negotiate freely and we can take advantage of that diffused knowledge of which Friedrich Hayek has told us."

Source : "The Institutional Structure of Production". Ronald Coase's Nobel Memorial Prize Lecture published in Ronald Coase "Essays on Economics and Economists" (p. 9), May 2, 1994.

Ronald Coase

#Thinking Quotes #Cost Quotes #Facts Quotes

“An only child is never twelve.”

Source : Enid Bagnold (1970). “Four plays”
“I always say that my favorite game was Original Adventure, published by both Microsoft and Apple Computer back in 1980.”
“That preaching is sadly defective which dwells exclusively on the mercies of God and the joys of heaven, yet never sets forth the terrors of the Lord and the miseries of hell.”
“There is at the moment in the world a battle going on between those who are pursuing materialistic paths-globalizers of economic growth and those hell-bent on this 'big is better' idea-on the one hand, and on the other hand those who are dedicated to spiritual renewal, more small-scale development, more human scale, more sustainability, more crafts and arts. Where human beings are not just sold to companies and money and those kinds of things. Where human beings have a sacred path.”
“A strange thing happens to me that I'm sure happens to a lot of actors when the camera starts rolling. I'm not 'me' any more.”
“I wanted a baby of color, to be honest, because I wasn't attached to the idea that I look like the biological mother. I liked the idea of the adoption being clear; it was and is not something I am interested in hiding.”
“Of what use is a dream if not a blueprint for courageous action.”
“I think parenting well is not so different than trying to consider how to be successful at any relationship. Like, how do you partner well? How do you collaborate well? How do we have this conversation well? You know, you're always trying to figure out what "well" means, so I think parenting is another version of that.”

Source : Source: www.avclub.com

You may also like: