Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world. (Ronald Coase)

Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world.

Ronald Coase

Related topics

air economics real relation system world

Related quotes

History repeats itself, but the special call of an art which has passed away is never reproduced. It is as utterly gone out of the world as the song of a destroyed wild bird. View quote
Joseph Conrad
I was irrevocably betrothed to laughter, the sound of which has always seemed to me the most civilised music in the world. View quote
Peter Ustinov
I really do inhabit a system in which words are capable of shaking the entire structure of government, where words can prove mightier than ten military divisions. View quote
Václav Havel
Music is the one incorporeal entrance into the higher world of knowledge which comprehends mankind but which mankind cannot comprehend. View quote
Ludwig van Beethoven
Courage and perseverance have a magical talisman, before which difficulties disappear and obstacles vanish into air. View quote
John Quincy Adams