Ronald Coase Quote

In mainstream economic theory, the firm and the market are, for the most part, assumed to exist and are not themselves the subject of investigation. One result has been that the crucial role of the law in determining the activities carried out by the firm and in the market has been largely ignored.


The Firm, the Market and the Law (1988) - The Firm, the Market, and the Law


In mainstream economic theory, the firm and the market are, for the most part, assumed to exist and are not themselves the subject of investigation....

In mainstream economic theory, the firm and the market are, for the most part, assumed to exist and are not themselves the subject of investigation....

In mainstream economic theory, the firm and the market are, for the most part, assumed to exist and are not themselves the subject of investigation....

In mainstream economic theory, the firm and the market are, for the most part, assumed to exist and are not themselves the subject of investigation....