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Top 9 Ronald Coase Quotes (2025 Update)

Ronald Coase Quote: “If you torture the data long enough, it will confess.”

1. “If you torture the data long enough, it will confess.”

— Ronald Coase

Featured in: Truth Quotes

Ronald Coase Quote: “Data can’t speak for itself; it’s up to you to give it a voice. Try to speak truthfully.”

2. “Data can’t speak for itself; it’s up to you to give it a voice. Try to speak truthfully.”

— Ronald Coase

Ronald Coase Quote: “I hate when people ask me to: “Massage the data”.”

3. “I hate when people ask me to: “Massage the data”.”

— Ronald Coase

Ronald Coase Quote: “If economists wished to study the horse, they wouldn’t go and look at horses. They’d sit in their studies and say to themselves, ‘What would I do if I were a horse?’”

4. “If economists wished to study the horse, they wouldn’t go and look at horses. They’d sit in their studies and say to themselves, ‘What would I do if I were a horse?’”

— Ronald Coase

Ronald Coase Quote: “Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world.”

5. “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

Ronald Coase Quote: “It is clear that these are alternative methods of co-ordinating production. Yet, having regard to the fact that, if production is regulated by price movements, production could be carried on without any organization at all might we ask, why is there any organization?”

6. “It is clear that these are alternative methods of co-ordinating production. Yet, having regard to the fact that, if production is regulated by price movements, production could be carried on without any organization at all might we ask, why is there any organization?”

— Ronald Coase

Ronald Coase Quote: “In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.”

7. “In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.”

— Ronald Coase

Ronald Coase Quote: “We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than dispelled by the political organization, exert a strong influence on policy making.”

8. “We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than dispelled by the political organization, exert a strong influence on policy making.”

— Ronald Coase

Ronald Coase Quote: “Ronnie had it right calling it Torture. That is a much more accurate description the way I see it.”

9. “Ronnie had it right calling it Torture. That is a much more accurate description the way I see it.”

— Ronald Coase

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