--- title: "Meaning & Key Takeaway of: You should not forget that without all…" description: "\"You should not forget that without all the work in law and economics, a great part of which has been supported by the John M. Olin Foundation, it is do..." image: "https://sms4smile.com/quotes/i/757/ronald-coase-17623_economics_you-should-not-forget-that-without-all-t_2659181.jpg" --- # You should not forget that without all the work in law and… ![“You should not forget that without all the work in law and economics, a great part of which has been supported by the John M. Olin Foundation, it is doubtful whether the importance of my work would have been recognized.” quote by Ronald Coase](https://sms4smile.com/quotes/i/757/ronald-coase-17623_economics_you-should-not-forget-that-without-all-t_2659181.jpg) [Download](https://sms4smile.com/quotes/i/757/ronald-coase-17623_economics_you-should-not-forget-that-without-all-t_2659181.jpg) [Open image](https://sms4smile.com/quotes/i/757/ronald-coase-17623_economics_you-should-not-forget-that-without-all-t_2659181.jpg) > “You should not forget that without all the work in law and economics, a great part of which has been supported by the John M. Olin Foundation, it is doubtful whether the importance of my work would have been recognized.” [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Acknowledges that funding from the Olin Foundation was crucial for his work's recognition. **In simple terms:** Support from foundations helped his work be recognized. Key Takeaway Seek institutional support for research. Themes academia funding recognition Mood analytical thoughtful Type academic historical When to use this quote - research grants - academic publishing - policy influence Key Concepts philanthropy economic theory Questions to Reflect On - How does funding shape academic agendas? - What alternatives exist for independent research? A Different Perspective Reliance on funding may bias research. ★ ★ ★ ★ ★ No ratings yet [Economics](https://sms4smile.com/quotes/about/economics/) [Law](https://sms4smile.com/quotes/about/law/) [Work](https://sms4smile.com/quotes/about/work/) ## Related quotes > [I supported John McCain for president. I raised a million dollars for him. Still a lot of money. I supported him. He lost. 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Sherwood](https://sms4smile.com/quotes/author/robert-e-sherwood/) > [I wish my work would be recognized by a larger crowd of people as more art than be stuck with the cartoonist label for…](https://sms4smile.com/quotes/julie-doucet/i-wish-my-work-would-be-recognized-by-a-larger-crowd-of-people-as/) [Julie Doucet](https://sms4smile.com/quotes/author/julie-doucet/) > [I am pleased that my work has been recognized, and I hope to be a role model.](https://sms4smile.com/quotes/guler-sabanci/i-am-pleased-that-my-work-has-been-recognized-and-i-hope-to-be-a-role/) [Guler Sabanci](https://sms4smile.com/quotes/author/guler-sabanci/) > [“Success does not come from having one's work recognized by others. It is the fruit of a seed you lovingly planted. When harvest time…](https://sms4smile.com/quotes/paulo-coelho/success-does-not-come-from-having-one-s-work-recognized-by-others-it-2/) [Paulo Coelho](https://sms4smile.com/quotes/author/paulo-coelho/) > [It's always nice when your work is recognized.](https://sms4smile.com/quotes/gustavo-santaolalla/it-s-always-nice-when-your-work-is-recognized/) Gustavo Santaolalla > [It's nice to see my work recognized as being worth something beyond the printed page, and it was very cool seeing Thanos up on…](https://sms4smile.com/quotes/jim-starlin/it-s-nice-to-see-my-work-recognized-as-being-worth-something-beyond/) [Jim Starlin](https://sms4smile.com/quotes/author/jim-starlin/) > [Success does not come from having one's work recognized by others. It is the fruit of the seed that you lovingly planted.](https://sms4smile.com/quotes/paulo-coelho/success-does-not-come-from-having-one-s-work-recognized-by-others-it/) [Paulo Coelho](https://sms4smile.com/quotes/author/paulo-coelho/) > [It's nice having your work recognized but having people follow you around is kinda weird.](https://sms4smile.com/quotes/alex-o-loughlin/it-s-nice-having-your-work-recognized-but-having-people-follow-you/) [Alex O'Loughlin](https://sms4smile.com/quotes/author/alex-o-loughlin/) > [It's nice when you put in a lot of hard work and you're recognized and a few people appreciate what you've done.](https://sms4smile.com/quotes/travis-hafner/it-s-nice-when-you-put-in-a-lot-of-hard-work-and-you-re-recognized/) [Travis Hafner](https://sms4smile.com/quotes/author/travis-hafner/) > [Scientists tend to be unappreciated in the world at large, but you can hardly overstate the importance of the work they do.](https://sms4smile.com/quotes/bill-bryson/scientists-tend-to-be-unappreciated-in-the-world-at-large-but-you-can/) [Bill Bryson](https://sms4smile.com/quotes/author/bill-bryson/) > [“We are made to exaggerate the importance of what work we do; and yet how much is not done by us!”](https://sms4smile.com/quotes/henry-david-thoreau/we-are-made-to-exaggerate-the-importance-of-what-work-we-do-and-yet/) [Henry David Thoreau](https://sms4smile.com/quotes/author/henry-david-thoreau/) > [Making me into a role model is placing too much importance on what I see as a work in progress.](https://sms4smile.com/quotes/anonymous/making-me-into-a-role-model-is-placing-too-much-importance-on-what-i/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Something I can't stress enough is the massive importance of work experience. It's the only way to find out what work is really like…](https://sms4smile.com/quotes/jameela-jamil/something-i-can-t-stress-enough-is-the-massive-importance-of-work/) [Jameela Jamil](https://sms4smile.com/quotes/author/jameela-jamil/) > [“Do you know what will be the main labor during the thousand years of rest? It will be that which we are trying to…](https://sms4smile.com/quotes/lorenzo-snow/do-you-know-what-will-be-the-main-labor-during-the-thousand-years-of/) [Lorenzo Snow](https://sms4smile.com/quotes/author/lorenzo-snow/) ## More by Ronald Coase > [The main reason why it is profitable to establish a firm would seem to be that there is a cost of using the price…](https://sms4smile.com/quotes/ronald-coase/the-main-reason-why-it-is-profitable-to-establish-a-firm-would-seem/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [A firm, therefore, consists of the system of relationships which comes into existence when the direction of resources is dependent on an entrepreneur... As…](https://sms4smile.com/quotes/ronald-coase/a-firm-therefore-consists-of-the-system-of-relationships-which-comes/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [Despite all the efforts of art dealers, the number of Rembrandts existing at a given time is limited; yet such paintings are commonly disposed…](https://sms4smile.com/quotes/ronald-coase/despite-all-the-efforts-of-art-dealers-the-number-of-rembrandts/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [Data can't speak for itself; it's up to you to give it a voice. Try to speak truthfully.](https://sms4smile.com/quotes/ronald-coase/data-can-t-speak-for-itself-it-s-up-to-you-to-give-it-a-voice-try-to/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [ 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,… ](https://sms4smile.com/quotes/ronald-coase/i-can-t-remember-one-example-of-regulation-that-s-good-regulation-of/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put…](https://sms4smile.com/quotes/ronald-coase/in-my-youth-it-was-said-that-what-was-too-silly-to-be-said-may-be/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [Ronnie had it right calling it Torture. That is a much more accurate description the way I see it.](https://sms4smile.com/quotes/ronald-coase/ronnie-had-it-right-calling-it-torture-that-is-a-much-more-accurate/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [The tools used by economists to analyze business firms are too abstract and speculative to offer any guidance to entrepreneurs and managers in their…](https://sms4smile.com/quotes/ronald-coase/the-tools-used-by-economists-to-analyze-business-firms-are-too/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [The pollution problem is always seen as someone who was doing something bad that has to be stopped. To me, pollution is doing something…](https://sms4smile.com/quotes/ronald-coase/the-pollution-problem-is-always-seen-as-someone-who-was-doing/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [ I can't remember \[of a good regulation\]. Regulation of transport, regulation of agriculture — agriculture is a, zoning is z. You know, you go… ](https://sms4smile.com/quotes/ronald-coase/i-can-t-remember-of-a-good-regulation-regulation-of-transport/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [The law of property determines who owns something, but the market determines how it will be used.](https://sms4smile.com/quotes/ronald-coase/the-law-of-property-determines-who-owns-something-but-the-market/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [What I have done is to show the importance for the working of the economic system of what may be termed the institutional structure…](https://sms4smile.com/quotes/ronald-coase/what-i-have-done-is-to-show-the-importance-for-the-working-of-the/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than…](https://sms4smile.com/quotes/ronald-coase/we-must-first-note-that-economic-factors-are-taken-into-account-in-a/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [In my long life, I have known some great economists, but I have never counted myself among their number nor walked in their company.](https://sms4smile.com/quotes/ronald-coase/in-my-long-life-i-have-known-some-great-economists-but-i-have-never/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) > [Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world.](https://sms4smile.com/quotes/ronald-coase/existing-economics-is-a-theoretical-system-which-floats-in-the-air/) [Ronald Coase](https://sms4smile.com/quotes/author/ronald-coase/) [Explore all 35 Ronald Coase quotes ](https://sms4smile.com/quotes/author/ronald-coase/) ## More Economics quotes > [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.](https://sms4smile.com/quotes/mark-zandi/our-biggest-challenge-is-to-eliminate-the-popular-perception-that/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,…](https://sms4smile.com/quotes/christopher-bond/advances-in-technology-will-continue-to-reach-far-into-every-sector/) [Christopher Bond](https://sms4smile.com/quotes/author/christopher-bond/) > [Our engagement through international economics, trade, these trade agreements, is vital and is linked to our national security. This is a lesson we learned…](https://sms4smile.com/quotes/charles-boustany/our-engagement-through-international-economics-trade-these-trade/) [Charles Boustany](https://sms4smile.com/quotes/author/charles-boustany/) > [“The free-market economy and globalisation process have brought about, in the late twentieth and early twenty-first century, a sharp and sudden rise in the…](https://sms4smile.com/quotes/yaakov-malkin/the-free-market-economy-and-globalisation-process-have-brought-about/) Yaakov Malkin > [“Everything economic science posits as given, that is, the range of dispositions of the economic agent which ground the illusion of the ahistorical universality…](https://sms4smile.com/quotes/pierre-bourdieu/everything-economic-science-posits-as-given-that-is-the-range-of/) [Pierre Bourdieu](https://sms4smile.com/quotes/author/pierre-bourdieu/) > [Politics is about power. It is about the power of the state. It is about the power of the state as applied to individuals,…](https://sms4smile.com/quotes/kevin-rudd/politics-is-about-power-it-is-about-the-power-of-the-state-it-is/) [Kevin Rudd](https://sms4smile.com/quotes/author/kevin-rudd/) > [Having an economy that works for the 99% is achievable.](https://sms4smile.com/quotes/winnie-byanyima/having-an-economy-that-works-for-the-99-is-achievable/) [Winnie Byanyima](https://sms4smile.com/quotes/author/winnie-byanyima/) > [“a select group of high-performing companies have managed to close the strategy-to-performance gap through better planning and execution. These companies—Barclays, Cisco Systems, Dow Chemical,…](https://sms4smile.com/quotes/michael-c-mankins/a-select-group-of-high-performing-companies-have-managed-to-close-the/) [Michael C. 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Psychologists watch what they actually do.](https://sms4smile.com/quotes/daniel-kahneman/economists-think-about-what-people-ought-to-do-psychologists-watch/) [Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/) > [The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder.](https://sms4smile.com/quotes/frederic-bastiat/the-politician-attempts-to-remedy-the-evil-by-increasing-the-very/) [Frederic Bastiat](https://sms4smile.com/quotes/author/frederic-bastiat/) > [“Economists have a singular method of procedure. There are only two kinds of institutions for them, artificial and natural. 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