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Robin Matthews (economist) Quotes
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The fundamental idea of transaction costs is that they consist of the cost of arranging a contract ex ante and monitoring and enforcing it ex post, as opposed to production costs, which are the costs of executing a contract.
Robin Matthews
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It is better to meet danger than to wait for it. He that is on a lee shore, and foresees a hurricane, stands out to sea and encounters a storm to avoid a shipwreck.
Charles Caleb Colton
Robin Matthews
Born:
June 16, 1927
Died:
June 19, 2010
(aged 83)
Bio:
Robert Charles Oliver Matthews was an economist and chess problemist.
Known for:
The Business Cycle (1959)
British Economic Growth, 1856-1973 (1982)
The Trade Cycle (1959)
Robin Matthews on Wikipedia
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