Theoretical System Quotes by Ronald Coase

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• Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real… — Ronald Coase
• It has been a fortunate fact in the modern history of physical science that the scientist constructing a new theoretical system has… — Unknown Author
• A theoretical system does not merely state facts which have been observed and that logically deducible relations to other facts which have… — Talcott Parsons
• It is that of increasing knowledge of empirical fact, intimately combined with changing interpretations of this body of fact - hence changing… — Talcott Parsons
• It is probably safe to say that all the changes of factual knowledge which have led to the relativity theory, resulting in… — Talcott Parsons
• The hypothesis may be put forward, to be tested by the s subsequent investigation, that this development has been in large part… — Talcott Parsons
• The main concern of the study is with the outline of a theoretical system. Its minor variations from writer to writer are… — Talcott Parsons
• Thus, in general, in the first instance, the direction of interest in empirical fact will be canalised by the logical structure of… — Talcott Parsons

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