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Ronald Coase - American institutionalists were not...
American institutionalists were not theoretical but anti-theoretical.... Without a theory they had nothing to pass on except a mass of descriptive material waiting for a theory, or a fire. (Ronald Coase)

American institutionalists were not theoretical but anti-theoretical.... Without a theory they had nothing to pass on except a mass of descriptive material waiting for a theory, or a fire.

Ronald Coase

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american descriptive fire mass material nothing pass theory waiting

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