Been Quote by Ronald Coase
“I've been wrong so often, I don't find it extraordinary at all.”
About This Quote
Source Paper: “The Nature of the Firm” (1937)
Frequent errors are normal; they’re not extraordinary, encouraging humility and learning.
In simple terms: Mistakes are common, not shocking.
Key Takeaway
Learn from errors without self‑criticism.
Themes
economics
learning
humility
error tolerance
Mood
analytical
pragmatic
Type
academic
professional
When to use this quote
- business strategy
- academic research
- personal development
Key Concepts
feedback loops
continuous improvement
Questions to Reflect On
- How do you turn repeated mistakes into growth?
- What systems catch errors early?
A Different Perspective
Over‑confidence can mask systemic issues.
![“I can't remember one [example of regulation] that's good. Regulation of transport, regulation of agriculture - agriculture is a, zoning is z. You know, you go from a to z, they are all bad. There were so many studies, and the result was quite universal: The effects were bad.” quote by Ronald Coase](https://sms4smile.com/quotes/img-quotes/02e/ronald-coase-17623_agriculture_i-can-t-remember-one-example-of-regulati_654706.jpg)
![“I can't remember [of a good regulation]. Regulation of transport, regulation of agriculture — agriculture is a, zoning is z. You know, you go from a to z, they are all bad. There were so many studies, and the result was quite universal: The effects were bad” quote by Ronald Coase](https://sms4smile.com/quotes/img-quotes/03a/ronald-coase-17623_agriculture_i-can-t-remember-of-a-good-regulation-re_974279.jpg)
