Ronald H. Coase Quotes

But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of Its Predictions. A Theory Also Serves As A Base For Thinking. It Helps Us To Understand What Is Going On By Enabling Us To Organize Our Thoughts. Faced With A Choice Between A Theory Which Predicts Well But Gives Us Little Insight Into How The System Works And One Which Gives Us This Insight But Predicts Badly, I Would Choose The Latter, And I Am Inclined To Think That Most Economists Would Do The Same.

Ronald H. Coase Quotes: But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of

Ronald H. Coase Quotes: But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of

Ronald H. Coase Quotes: But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of

Ronald H. Coase Quotes: But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of

Ronald H. Coase Quotes: But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of

Ronald H. Coase Quotes: But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of

Ronald H. Coase Quotes: But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of

Ronald H. Coase Quotes: But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of

Ronald H. Coase Quotes: But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of

Ronald H. Coase Quotes: But A Theory Is Not Like An Airline Or Bus Timetable. We Are Not Interested Simply In The Accuracy Of

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