The analysis of variance is not a mathematical theorem, but rather a convenient method of arranging the arithmetic.

However, one cannot really argue with a mathematical theorem.

One cannot really argue with a mathematical theorem.

I tend to regard the Coase theorem as a stepping stone on the way to an analysis of an economy with positive transaction costs.

I'm no enthusiast for the Coase Theorem. I don't like it, but it's widely used.

You wouldn't think there was a need for a Coase Theorem, really.