Knowledge (XXG)

Ronald Coase

Source 📝

2252:
system. Law came into article because, in a regime of positive transaction costs, the character of the law becomes one of the main factors determining the performance of the economy. If transaction costs were zero (as is assumed in standard economic theory) we can imagine people contracting around the law whenever the value of production would be increased by a change in the legal position. But in a regime of positive transaction costs, such contracting would not occur whenever transaction costs were greater than the gain that such a redistribution of rights would bring. As a consequence the rights which individuals possess will commonly be those established by the law, which in these circumstances can be said to control the economy. As I have said, in "The Problem of Social Cost" I had no intention of making a contribution to legal scholarship. I referred to legal cases because they afforded examples of real situations as against the imaginary ones normally used by economists in their analysis. It was undoubtedly an economist who invented the widget. But in "The Problem of Social Cost" I did something else. I pointed out that the judges in their opinions often seemed to show a better understanding of the economic problem than did many economists even though their views were not always expressed in a very explicit fashion. I did this not to praise the judges but to shame economists.
2026: 3803: 44: 2371:'s seminar at the London School of Economics (LSE). He introduced me to Adam Smith's invisible hand and to the advantages of a competitive system. He also pointed out that government schemes in the economic sphere were often ill-conceived and were introduced to placate special interests. I adopted many of Plant's positions but continued to regard myself as a Socialist. That this meant holding what could be considered, and were, inconsistent positions was not unusual at that time. 2810: 1815: 3899: 2782: 2824: 1829: 2391:
on the water, gas, and electricity supply industries and of the Post Office and broadcasting. These researches taught me much about the public utility industries and they certainly made me aware of the defects of government operation of these industries, whether municipal or through nationalisation. These researches were interrupted by the war, when I joined the civil service, at first, for a short period, in the
7022: 1926: 2165: 2233: 2244:. He viewed law and economics as having two parts, the first "using the economists' approach and concepts to analyze the working of the legal system, often called the economic analysis of the law"; and the second "a study of the influence of the legal system on the working of the economic system." Coase said that the second part "is the part of law and economics in which I am most interested." 1801: 1256: 2796: 1787: 1268: 2421: 2213:
property rights determines who builds the fence. If the farmer is responsible for the crop damage, the farmer will pay for the fence (as long the fence costs less than the crop damage). The allocation of property rights is primarily an equity issue, with consequences for the distribution of income and wealth, rather than an efficiency issue.
2399:, one of the offices of the War Cabinet. This war-time experience did not significantly influence my views but I could not help noticing that, with the country in mortal danger and despite the leadership of Winston Churchill, government departments often seemed more concerned to defend their own interests than those of the country. 2110:, and policing and enforcement costs, can all potentially add to the cost of procuring something from another party. This suggests that firms will arise which can internalise the production of goods and services required to deliver a product, thus avoiding these costs. This argument sets the stage for the later contributions by 2390:
My socialist sympathies gradually fell away and this process was accentuated as a result of being assigned in 1935 at LSE the course on the Economics of Public Utilities. I soon found out that very little was known about British public utilities and I set about making a series of historical studies
2251:
It is generally agreed that this article has had an immense influence on legal scholarship, but this was no part of my intention. For me, "The Problem of Social Cost" was an essay in economics. It was aimed at economists. What I wanted to do was to improve our analysis of the working of the economic
2212:
the initial assignment of property rights makes no difference to whether or not the farmer and rancher can achieve the economically efficient outcome. If the cost of restraining cattle by, say, building a fence, is less than the cost of crop damage, the fence will be built. The initial assignment of
2216:
With sufficient transaction costs, initial property rights matter for both equity and efficiency. From the point of view of economic efficiency, property rights should be assigned such that the owner of the rights wants to take the economically efficient action. To elaborate, if it is efficient not
2260:
hen I was approached to fill Aaron Director's place on his retirement, what I found most attractive about coming to Chicago was the opportunity it gave me of editing the Journal. Indeed, it is probable that without the Journal I would not have come to Chicago. I knew nothing of the original aim of
2142:
The first two costs will increase with the spatial distribution of the transactions organised and the dissimilarity of the transactions. This explains why firms tend to either be in different geographic locations or to perform different functions. Additionally, technology changes that mitigate the
2269:
I am very much aware that, in concentrating in this lecture on law and economics at Chicago, I have neglected other significant contributions to the subject made elsewhere such as those by Guido Calabresi at Yale, by Donald Turner at Harvard, and by others. But it can hardly be denied that in the
2037:
Coase married Marian Ruth Hartung of Chicago, Illinois in Willesden, England, 7 August 1937. Although they were unable to have children, they were married 75 years until her death on 17 October 2012, making him one of the longest-married Nobel Prize laureates. Coase himself died in Chicago on 2
2205:" provided the key insight that it is unclear where the blame for externalities lies. The example he gave was of a rancher whose cattle stray onto the cropland of his neighbour. If the rancher is made to restrict his cattle, he is harmed just as the farmer is if the cattle remain unrestrained. 2033:
Nearing his 100th birthday, Coase was working on a book concerning the rise of the economies of China and Vietnam. In an interview, Coase explained the mission of the Coase China Society and his vision of economics and the part to be played by Chinese economists. This became "How China Became
2124:
Coase argues that the size of a firm (as measured by how many contractual relations are "internal" to the firm and how many "external") is a result of finding an optimal balance between the competing tendencies of the costs outlined above. In general, making the firm larger will initially be
2359:, I don't say that regulation will be bad. Let's see. What we discover is that most regulation does produce, or has produced in recent times, a worse result. But I wouldn't like to say that all regulation would have this effect because one can think of circumstances in which it doesn't. 6512: 2431:
The University of Chicago Law School carries on the legacy of Ronald Coase through the mission of the Coase-Sandor Institute for Law and Economics. Each year, the University of Chicago Law School hosts the Coase Lecture, which was delivered in 2003 by Ronald Coase himself.
2086:
instead of consisting exclusively of a multitude of independent, self-employed people who contract with one another. Given that "production could be carried on without any organization at all", Coase asks, why and under what conditions should we expect firms to emerge?
2090:
Since modern firms can only emerge when an entrepreneur of some sort begins to hire people, Coase's analysis proceeds by considering the conditions under which it makes sense for an entrepreneur to seek hired help instead of contracting out for some particular task.
2181:
and was therefore, according to them, wrong. At a meeting in Chicago I was able to convince these economists that I was right and Pigou's analysis faulty." Coase had presented his paper in 1960 during a seminar in Chicago, to twenty senior economist including
2217:
to restrict the cattle, the rancher should be given the rights (so that cattle can move about freely), whereas if it is efficient to restrict the cattle, the farmer should be given the rights over the movement of the cattle (so the cattle are restricted).
2412:, an organisation that promotes research on institutions and organizations – the laws, rules, customs, and norms – that govern real economic systems, with particular support for young scholars from developing and transitional countries. 5142: 1877:, stating, "It is suicidal for the field to slide into a hard science of choice, ignoring the influences of society, history, culture, and politics on the working of the economy." He believed economic study should reduce emphasis on 1980:. Coase's colleagues would later admit that they did not remember this first visit. Between 1932 and 1934, Coase was an assistant lecturer at the Dundee School of Economics and Commerce, which later became part of the 2190:. He gradually won over the usually skeptic audience, in what has later been considered a "paradigm-shifting moment" in the genesis of Chicago Law and Economics. Coase would join the Chicago faculty four years later. 7209: 2326:
outcome regardless of the initial allocation of property. In practice, obstacles to bargaining or poorly defined property rights can prevent Coasean bargaining. This 'theorem' is commonly attributed to Coase.
2098:) suggested that, because the market is "efficient" (that is, those who are best at providing each good or service most cheaply are already doing so), it should always be cheaper to contract out than to hire. 5135: 2105:
involved in using the market; the cost of obtaining a good or service via the market actually exceeds the price of the good. Other costs, including search and information costs, bargaining costs, keeping
2172:
Upon publishing his article The Federal Communications Commission in 1959, Coase received negative feedback from the faculty at the University of Chicago over his conclusions and apparent conflicts with
2261:
the Journal. What I wanted to do was to encourage the type of research which I had advocated in "The Problem of Social Cost," and I used my editorship of the Journal as a means of bringing this about.
1881:
or theoretical markets and instead focus on real markets. He established the case for the corporation as a means to pay the costs of operating a marketplace. Coase is best known for two articles: "
5128: 2143:
cost of organising transactions across space may allow firms to become larger – the advent of the telephone and of cheap air travel, for example, would be expected to increase the size of firms.
5151: 2386:
was the result of his socialist beliefs. Reflecting on this, Coase wrote: "It is very difficult to know where one's ideas come from but for all I know he may well be right." Coase continued:
3296: 2375:, a fellow student and a fine theorist, with whom I had a very friendly relation, also believed in the virtues of a competitive system but was even more attached to Socialism than I was. 1972:
degree in 1932. During his undergraduate studies, Coase received the Sir Ernest Cassel Travelling Scholarship which he used to visit the University of Chicago in 1931–1932 studying with
6853: 1941:
for the post office, as was his mother, Rosalie Elizabeth Coase (née Giles; 1882–1972), before marriage. As a child, Coase had a weakness in his legs, for which he was required to wear
1993: 2247:
In his Simons Lecture celebrating the centennial of the University of Chicago, titled "Law and Economics at Chicago", Coase noted that he only accidentally wandered into the field:
7219: 7214: 2256:
Despite wandering accidentally into law and economics, the opportunity to edit the Journal of Law and Economics was instrumental in bringing him to the University of Chicago:
4780: 3943: 3219: 7109: 5823: 7079: 7069: 2367:
As a young man I was a Socialist. The first challenge to this belief came when, in 1931, 5 months before I took the final examinations for the B.Com. degree, I attended
2034:
Capitalist" (2012) co-authored with Ning Wang. Coase was honoured and received an honorary doctorate from the university at Buffalo Department of Economics in May 2012.
7234: 1860: 3440: 4666: 3702: 2146:
A further exploration of the dichotomy between markets and hierarchies as co-ordination mechanisms for economic transactions derived a third alternative way called
1767: 7199: 5769: 5750: 5735: 5716: 866: 3461: 2121:
and increasing propensity for an overwhelmed manager to make mistakes in resource allocation. These factors become countervailing costs to the use of the firm.
1954: 2117:
There is a natural limit to what a firm can produce internally, however. Coase notices "decreasing returns to the entrepreneur function", including increasing
6430: 1298: 1992:
as a member of staff until 1951 in which year he was awarded an earned doctorate in economics from the University of London. He then started to work at the
7229: 7074: 6690: 2396: 2025: 7204: 7164: 6040: 5932: 5155: 301: 2240:
Though trained as an economist, Coase spent much of his career working in a law school. He is a central figure in the development of the subfield of
7179: 7174: 7169: 7159: 3336: 3371: 7129: 7099: 4773: 7144: 7124: 7119: 5816: 4712: 3304: 2150:, in which individuals successfully collaborate on large-scale projects following a diverse cluster of motivational drives and social signals. 7184: 7104: 5907: 3503: 3121: 2720:
Coase, Ronald; Wang, Ning (2011). "The Industrial Structure of Production: A Research Agenda for Innovation in an Entrepreneurial Economy".
2265:
Coase believed that the University of Chicago was the intellectual center of law and economics. He concluded his Simons lecture by stating:
2135:
the less likely the entrepreneur is to make mistakes and the smaller the increase in mistakes with an increase in the transactions organised
6641: 3880: 3677: 1853: 2082:
In "The Nature of the Firm" (1937), a brief but highly influential essay, Coase attempts to explain why the economy features a number of
7094: 7084: 6621: 6264: 2270:
emergence of the subject of law and economics, Chicago has played a very significant part and one of which the University can be proud.
7224: 7089: 4766: 3983: 3755: 3530: 2762: 7189: 7139: 6725: 6007: 6002: 5997: 5992: 5987: 5977: 5972: 5967: 5962: 5957: 5809: 3856: 3081: 3038: 793: 7154: 7149: 7036: 6595: 6159: 3870: 3816: 2125:
advantageous, but the decreasing returns indicated above will eventually kick in, preventing the firm from growing indefinitely.
1373: 1291: 297: 6943: 6323: 1846: 1396: 3390: 7194: 7114: 6585: 5861: 4732: 2630: 2607: 2355:
I really don't know. I don't reject any policy without considering what its results are. If someone says there's going to be
3073: 7134: 6616: 6033: 4252: 3781: 3066: 2224:
as labelled by Stigler. In 1990, Coase wrote that he feared "The Problem of Social Cost" had been widely misunderstood.
2147: 2132:
the lower the costs of organising and the slower these costs rise with an increase in the number of transactions organised
1057: 715: 4676: 4347: 4214: 3615: 3421: 3176: 2541: 2506: 2475: 2006: 1588: 1520: 1345: 1107: 1097: 254: 2138:
the greater the lowering (or the smaller the rise) in the supply price of factors of production to firms of larger size
6891: 6333: 6206: 4789: 4727: 4171: 4156: 3113: 2536: 1898: 1762: 1510: 1319: 1284: 803: 740: 673: 651: 213: 209: 3030: 3678:"2003 Coase Lecture: Ronald Coase, "The Present and Future of Law and Economics" | University of Chicago Law School" 2959: 6370: 6348: 4412: 4136: 2470: 2177:. According to Coase, "What I said was thought to run counter to Pigou's analysis by a number of economists at the 2159: 1989: 1961: 1894: 1112: 628: 293: 185: 107: 6464: 5857: 5621: 4277: 3908: 3223: 3151: 1652: 886: 573: 5120: 6301: 6026: 5842: 4995: 4851: 4747: 3565: 3318: 3270: 2572: 2019: 1910: 1632: 1570: 1160: 856: 703: 542: 516: 438: 383: 242: 1996:
and retained his British citizenship after moving to the United States in the 1950s. In 1958, he moved to the
1945:. Due to this problem, he attended the school for physical defectives. At the age of 12, he was able to enter 296:, where he was a member of the faculty until 1951. He was the Clifton R. Musser Professor of Economics at the 6507: 6474: 6254: 5951: 5898: 5685: 4722: 4586: 3992: 2409: 2063:
called his work over eight decades "impossible to summarize" while recommending five of his papers to read.
1985: 1637: 1542: 1368: 1052: 698: 693: 683: 378: 3545: 2343:
do not have market power because they are unable to commit to not lowering their prices in future periods.
6951: 6834: 6580: 6549: 6365: 6269: 6247: 5892: 4717: 4515: 4141: 4061: 3976: 2842: 2690: 2443: 2307: 2198: 2077: 1997: 1946: 1882: 1579: 1530: 1406: 1205: 1082: 876: 735: 666: 553: 511: 193: 6828: 3344: 3164:
Breit, William and Barry T. Hirsch. Lives of the Laureates, 4th ed. Cambridge, Mass: The MIT Press, 2004.
7031: 7004: 6984: 6976: 6600: 6154: 4707: 4616: 4606: 4312: 4106: 3174:
Kitch, Edmund W. (1983). "The Fire of Truth: A Remembrance of Law and Economics at Chicago, 1932–1970".
2815: 2751: 2619: 2178: 2001: 1819: 1702: 1682: 1583: 1546: 1490: 1185: 1170: 1092: 1072: 1027: 924: 783: 773: 745: 618: 608: 536: 197: 189: 116: 1960:
Coase then continued his studies at the University of London, enrolling as an internal student of the
7064: 7059: 6867: 6201: 6063: 5605: 5422: 5058: 4977: 4808: 4636: 4601: 4407: 4244: 4234: 4146: 4066: 4011: 2885: 2852: 2356: 2015: 1981: 1969: 1950: 1914: 1672: 1628: 1505: 1495: 1235: 1190: 1165: 1132: 836: 831: 768: 763: 521: 358: 292:; 29 December 1910 – 2 September 2013) was a British economist and author. Coase was educated at the 181: 120: 111: 2695: 6990: 6678: 6673: 6360: 6274: 6216: 6149: 5633: 5005: 4967: 4686: 4596: 4591: 4581: 4571: 4535: 4495: 4467: 4392: 4194: 4126: 4076: 4071: 3106: 2847: 2787: 2596: 2392: 2059: 1942: 1752: 1697: 1677: 1550: 949: 871: 826: 821: 688: 678: 578: 388: 353: 311: 43: 6957: 6281: 6078: 5549: 5231: 4904: 4702: 4566: 4477: 4382: 4322: 4041: 4006: 3928: 3640: 3632: 3590: 3582: 3245: 3201: 3193: 2996: 2837: 2737: 2708: 2681:
Coase, Ronald (2006). "The Conduct of Economics: The Example of Fisher Body and General Motors".
2669: 2661: 2581: 2558: 2523: 2492: 2174: 2039: 1560: 1195: 1155: 1032: 881: 846: 633: 593: 548: 468: 423: 403: 96: 5689: 2874:"Ronald Harry Coase (1910–2013) Nobel-prize winning economist whose work inspired cap-and-trade" 2318:. The theorem states that if trade in an externality is possible and there are sufficiently low 2922: 7026: 6750: 6735: 6355: 6221: 6171: 6166: 5877: 5661: 5657: 5629: 5617: 5382: 5342: 5334: 5235: 5109: 5020: 4985: 4576: 4442: 4402: 3969: 3936: 3843: 3769: 3761: 3751: 3696: 3658: 3526: 3499: 3117: 3077: 3034: 2967: 2930: 2903: 2758: 2626: 2603: 2425: 2323: 2319: 2280: 2241: 2118: 2114:: markets and hierarchies are alternative co-ordination mechanisms for economic transactions. 2111: 1805: 1613: 1445: 1378: 1260: 1127: 994: 984: 929: 851: 725: 710: 588: 558: 488: 478: 413: 171: 3520: 6927: 6919: 6847: 6544: 6484: 6237: 6123: 6113: 6098: 6068: 5883: 5848: 5781: 5743: 5720: 5705: 5561: 5454: 5434: 5318: 5282: 5274: 5211: 4957: 4866: 4861: 4856: 4818: 4661: 4646: 4611: 4530: 4525: 4510: 4462: 4427: 4377: 4272: 4161: 4151: 4131: 4101: 4081: 4021: 3932: 3903: 3866: 3850: 3743: 3676:
Coase, 2003 Coase Lecture: Ronald; Present, "The; Law, Future of; Economics" (6 July 2009).
3624: 3574: 3185: 3134: 2893: 2801: 2729: 2700: 2653: 2550: 2515: 2484: 2457: 2336: 2286: 2209: 2102: 2047: 1937:, a suburb of London, on 29 December 1910. His father, Henry Joseph Coase (1884–1973) was a 1886: 1707: 1623: 1465: 1460: 1062: 1037: 989: 969: 914: 891: 841: 720: 623: 613: 603: 568: 458: 408: 398: 393: 272: 232: 228: 3830:, Journal on Telecommunications & High Technology Law, Vol. 3, No. 2. pp. 205, 239 6970: 6792: 6782: 6758: 6695: 6561: 6517: 6418: 6118: 6103: 5868: 5777: 5545: 5533: 5525: 5521: 5513: 5486: 5446: 5426: 5374: 5366: 5286: 5254: 5223: 5104: 5074: 5048: 4947: 4841: 4671: 4626: 4621: 4550: 4520: 4397: 4362: 4357: 4352: 4332: 4317: 4307: 4116: 4056: 4046: 4026: 3735: 3721: 3029:. Vol. I (A-K) (54th ed.). New Providence, NJ: Marquis Who's Who. 1999. p.  2829: 2379: 2311: 2187: 1833: 1791: 1757: 1536: 1500: 1450: 1272: 1117: 1022: 979: 959: 954: 944: 939: 861: 656: 4086: 3890: 3802: 2889: 6875: 6646: 6629: 6566: 6522: 6211: 6144: 6108: 6088: 5789: 5758: 5728: 5697: 5577: 5509: 5505: 5474: 5442: 5410: 5358: 5310: 5294: 5183: 5099: 5043: 5038: 5033: 4990: 4914: 4894: 4823: 4742: 4545: 4540: 4452: 4422: 4337: 4292: 4219: 4204: 4179: 4121: 4051: 4031: 3953: 3894: 3884: 3782:
https://www.researchgate.net/publication/374337555_Ronald_Coase_in_the_French_Wikipedia
3739: 3479: 3023: 2461: 2183: 2011: 1717: 1575: 1470: 1363: 1335: 1225: 1210: 1180: 1102: 964: 598: 443: 433: 363: 348: 343: 2823: 1828: 7053: 6965: 6932: 6730: 6710: 6661: 6338: 6318: 6259: 6176: 6073: 5645: 5641: 5613: 5601: 5585: 5569: 5557: 5537: 5482: 5458: 5418: 5378: 5326: 5219: 5203: 5191: 5175: 5171: 5084: 5079: 5000: 4962: 4942: 4937: 4932: 4871: 4846: 4737: 4631: 4505: 4500: 4490: 4437: 4417: 4387: 4372: 4302: 4287: 4282: 4229: 4189: 4184: 4111: 4091: 4036: 3810: 3725: 3644: 3594: 3205: 2741: 2712: 2704: 2673: 2562: 2527: 2496: 2221: 1906: 1902: 1722: 1712: 1692: 1687: 1667: 1642: 1565: 1515: 1440: 1340: 1215: 1087: 1047: 919: 583: 483: 463: 223: 1925: 1873:
Coase believed economists should study real-world wealth creation, in the manner of
6937: 6913: 6880: 6861: 6797: 6770: 6763: 6745: 6683: 6459: 6413: 6408: 6311: 6296: 6139: 5921: 5773: 5762: 5739: 5724: 5677: 5593: 5406: 5350: 5262: 5089: 5010: 4952: 4922: 4899: 4876: 4803: 4651: 4641: 4485: 4457: 4432: 4297: 4224: 4096: 3820: 3398: 2368: 2164: 2107: 1973: 1965: 1938: 1909:). Additionally, Coase's transaction costs approach has been influential in modern 1878: 1618: 1608: 1555: 1455: 1435: 1137: 1077: 788: 563: 473: 3441:"Ronald Coase Was The Greatest of the Many Great University of Chicago Economists" 2232: 300:, where he arrived in 1964 and remained for the rest of his life. He received the 3729: 3493: 3482:, editors, Interdisciplinary Perspectives on Organization Studies, Pergamon Press 6905: 6705: 6590: 6479: 6454: 6442: 6423: 6306: 6286: 6196: 6093: 5915: 5833: 5669: 5653: 5581: 5466: 5398: 5302: 5266: 5094: 5053: 4927: 4886: 4813: 4681: 4656: 4367: 4262: 4209: 4016: 3522:
The Limits of Neoliberalism: Authority, Sovereignty and the Logic of Competition
2372: 2315: 2202: 2083: 1977: 1890: 1657: 1525: 1425: 1220: 1122: 1042: 798: 531: 493: 448: 418: 373: 2057:
calling him "the greatest of the many great University of Chicago economists".
1949:
on scholarship. At Kilburn, he studied for the intermediate examination of the
17: 6998: 6885: 6502: 6083: 5754: 5709: 5199: 4833: 4758: 4342: 4327: 4257: 3792: 3747: 2777: 2665: 2641: 2395:, then responsible for timber production, and for the rest of the war, in the 2095: 1874: 1732: 1662: 1647: 1401: 1200: 909: 730: 661: 319: 5801: 3867:
Russ Roberts's "Coase on Externalities, the Firm, and the State of Economics"
3838: 3773: 2971: 2934: 6899: 6700: 6651: 6634: 6572: 6554: 6328: 6242: 4447: 4267: 2448: 1934: 1800: 1255: 1240: 1230: 1175: 999: 934: 778: 526: 333: 68: 2907: 2733: 3961: 3875: 3797: 2795: 2420: 1786: 1267: 6787: 6720: 6656: 6539: 6469: 6447: 6343: 6291: 6049: 2340: 1067: 974: 428: 338: 2051:
calling him "one of the most distinguished economists in the world" and
6740: 6534: 6527: 6392: 6188: 2585: 1727: 368: 250: 3636: 3586: 3478:
Hein Schreuder, "Coase, Hayek and Hierarchy", In: S. Lindenberg &
3197: 2363:
Coase admitted that early in life, he aligned himself with socialism.
6715: 6667: 6436: 3912: 3445: 3372:"Ronald H. Coase, a Law Professor And Leading Economist, Dies at 102" 2197:
in 1960, while Coase was a member of the Economics department at the
2053: 3462:"Ronald Coase is dead. Here are five of his papers you need to read" 3274: 2898: 2873: 2128:
Other things being equal, therefore, a firm will tend to be larger:
3628: 3578: 3391:"Ronald H. Coase, Founding Scholar in Law and Economics, 1910–2013" 3189: 2657: 2554: 2519: 2488: 1984:. Subsequently, Coase was an assistant lecturer in commerce at the 6804: 6400: 3827: 3765: 2570:
Coase, R. H. (1992). "The Institutional Structure of Production".
2419: 2231: 2163: 2024: 1924: 453: 3563:
Coase, R. H. (1996). "Law and Economics and A.W. Brian Simpson".
3422:"Ronald Coase, the Economist Who Explained Why We Have Companies" 3072:(70th ed.). London & New York: Routledge. 2006. p.  2094:
The traditional economic theory of the time (in the tradition of
3357: 3297:"99-year-old economist researches the rise of China and Vietnam" 2351:
When asked what he considered his politics to be, Coase stated,
6022: 5805: 5124: 4762: 3965: 6777: 124: 6018: 3246:"Aaron Director, Founder of the field of Law and Economics" 2295: 281: 7210:
Distinguished fellows of the American Economic Association
3913:
University of Chicago Special Collections Research Center
6854:
The Origin of the Family, Private Property and the State
3881:
Ronald Coase and the Misuse of Economics by John Cassidy
3112:(159 ed.). London: A & C Black. 2007. p.  2038:
September 2013, at the age of 102. Both are buried at
3828:
Wireless Communications and Computing at a Crossroads
3613:
Coase, R. H. (1993). "Law and Economics at Chicago".
3146: 3144: 2298: 2292: 2168:
Coase at the University of Chicago Law School in 2003
284: 278: 3833: 3220:"U. of Chicago Professor Wins Nobel Economics Prize" 2220:
This seminal argument forms the basis of the famous
6813: 6615: 6495: 6381: 6230: 6187: 6132: 6056: 5931: 5906: 5891: 5876: 5856: 5841: 5496: 5245: 5162: 5067: 5019: 4976: 4913: 4885: 4832: 4796: 4695: 4559: 4476: 4243: 4170: 3999: 2339:, which is an informal argument that durable goods 2289: 2045:He was praised across the political spectrum, with 275: 238: 219: 203: 177: 167: 162: 131: 103: 92: 76: 50: 34: 3397:. University of Chicago Law School. Archived from 3105: 3065: 3022: 2750: 2642:"The Acquisition of Fisher Body By General Motors" 2618: 2595: 3944:Laureate of the Nobel Memorial Prize in Economics 3152:"Ronald Coase. "Nobel Prize Autobiography," 1991" 3108:Who's Who 2007: An Annual Biographical Dictionary 2382:wrote that Coase's focus on transaction costs in 3793:A video of Coase talking about law and economics 2504:Coase, R. H. (1972). "Durability and Monopoly". 27:British economist and Nobel laureate (1910–2013) 3876:No Cheap Victories – Last Interview and Tribute 3851:2003 Coase Centennial Speech delivered by Coase 3059: 3057: 2388: 2365: 2335:Another important contribution of Coase is the 2258: 2249: 2683:Journal of Economics & Management Strategy 6034: 5817: 5136: 4774: 3977: 3909:Guide to the Ronald H. Coase Papers 1805–2013 3319:"Coase China Society Interviews Ronald Coase" 3025:Who's Who in America 2000, Millennium Edition 2960:"The Man Who Resisted 'Blackboard Economics'" 2236:Coase at the University of Chicago Law School 1854: 1292: 8: 7220:Corresponding fellows of the British Academy 5156:Sveriges Riksbank Prize in Economic Sciences 3608: 3606: 3604: 3558: 3556: 3554: 2625:. Chicago: The University of Chicago Press. 2602:. Chicago: The University of Chicago Press. 2416:Coase-Sandor Institute for Law and Economics 7215:Academics of the London School of Economics 3701:: CS1 maint: numeric names: authors list ( 1897:" (1960), which suggests that well-defined 6385: 6041: 6027: 6019: 5824: 5810: 5802: 5143: 5129: 5121: 4781: 4767: 4759: 3984: 3970: 3962: 3917: 3801: 3498:. Cambridge University Press. p. 12. 2014:. He was also for a time a trustee of the 1988:between 1934 and 1935 before returning to 1905:if it were not for transaction costs (see 1885:" (1937), which introduces the concept of 1861: 1847: 1310: 1299: 1285: 306: 150: 1937⁠–⁠2012) 42: 31: 7110:People educated at Kilburn Grammar School 2897: 2694: 302:Nobel Memorial Prize in Economic Sciences 7080:Alumni of the London School of Economics 7070:Alumni of University of London Worldwide 2958:Henderson, David R. (3 September 2013). 2004:in 1964 and became the co-editor of the 7235:Burials at Graceland Cemetery (Chicago) 3337:"Interview with Professor Ronald Coase" 2864: 1318: 318: 4713:English historical school of economics 4667:Structure–conduct–performance paradigm 3694: 3420:Yglesias, Matthew (3 September 2013). 3370:Lyons, Patrick J. (3 September 2013). 2923:"Saving Economics from the Economists" 7200:Academics of the University of Dundee 3812:The Concise Encyclopedia of Economics 2995:Littlewood, Mark (4 September 2013). 7: 3460:Matthews, Dylan (3 September 2013). 2990: 2988: 2953: 2951: 1889:to explain the nature and limits of 2424:Coase at a conference in 2008 with 2029:Coase's grave at Graceland Cemetery 7230:Member of the Mont Pelerin Society 7075:Alumni of the University of London 3731:The Encyclopedia of Libertarianism 2646:The Journal of Law & Economics 2621:Essays on Economics and Economists 2462:10.1111/j.1468-0335.1937.tb00002.x 2408:Coase was research advisor to the 2101:Coase noted, however, a number of 25: 7205:Fellows of the Earhart Foundation 7165:20th-century English male writers 2921:Coase, Ronald (1 December 2012). 2749:Coase, Ronald; Ning Wang (2012). 2722:Entrepreneurship Research Journal 7021: 7020: 3871:Library of Economics and Liberty 3817:Library of Economics and Liberty 3548:University of Chicago Law School 3495:Institutions and Social Conflict 3439:Smith, Fred (3 September 2013). 3343:. 3 January 2011. Archived from 2822: 2808: 2794: 2780: 2705:10.1111/j.1530-9134.2006.00100.x 2285: 1913:, where it was re-introduced by 1827: 1813: 1799: 1785: 1374:Library of Economics and Liberty 1266: 1254: 298:University of Chicago Law School 271: 7180:21st-century British economists 7175:20th-century British economists 7170:21st-century English historians 7160:20th-century English historians 5232:Leonid Vitaliyevich Kantorovich 3360:Robert Coase Honorary Doctorate 3303:. 24 March 2010. Archived from 3273:. Phillysoc.org. Archived from 2598:The Firm the Market and the Law 1933:Ronald Harry Coase was born in 1901:could overcome the problems of 1397:Consequentialist libertarianism 147: 7130:University of Virginia faculty 7100:Historians of economic thought 6586:Right of way (property access) 4733:Historical school of economics 3900:Works by or about Ronald Coase 3341:Unirule Institute of Economics 2314:or outcome in the presence of 1: 7145:University of Virginia alumni 7125:University of Chicago faculty 7120:University at Buffalo faculty 3809:"Ronald H. Coase 1910-2013". 3358:http://economics.buffalo.edu/ 3323:Chicago University Law School 3104:"COASE, Prof. Ronald Harry". 3050:– via Internet Archive. 2537:"The Lighthouse in Economics" 2148:Commons based peer production 1964:, where he took courses with 1058:Critique of political economy 716:Critique of political economy 7185:New institutional economists 7105:Nobel laureates in Economics 4677:Theory of two-level planning 4172:New institutional economists 3853:(500MB QuickTime video file) 3616:Journal of Law and Economics 3177:Journal of Law and Economics 2542:Journal of Law and Economics 2507:Journal of Law and Economics 2476:Journal of Law and Economics 2471:"The Problem of Social Cost" 2322:, bargaining will lead to a 2195:Journal of Law and Economics 2154:"The Problem of Social Cost" 2007:Journal of Law and Economics 1589:Symmetrical inflation target 1346:Positive non-interventionism 1108:Periodizations of capitalism 6892:Two Treatises of Government 4790:Chicago school of economics 4157:Edward Lawrence Wheelwright 3722:"Coase, Ronald H. (1910– )" 3720:MacKenzie, Douglas (2008). 3068:The International Who's Who 2753:How China Became Capitalist 804:Simple commodity production 214:Chicago School of Economics 210:New institutional economics 7251: 7095:Law and economics scholars 7085:English business theorists 5224:Friedrich August von Hayek 4652:Penalty of taking the lead 3546:The Problem of Social Cost 2397:Central Statistical Office 2208:Coase argued that without 2160:The Problem of Social Cost 2157: 2075: 2067:Contributions to economics 1990:London School of Economics 1962:London School of Economics 1895:The Problem of Social Cost 1769:Perspectives on capitalism 1113:Perspectives on capitalism 294:London School of Economics 186:London School of Economics 108:London School of Economics 7225:Chicago School economists 7090:British economics writers 7016: 6388: 5946: 5622:Christopher A. Pissarides 3950: 3941: 3925: 3920: 3748:10.4135/9781412965811.n48 1820:Libertarianism portal 1653:Foreign exchange reserves 260: 249: 158: 41: 7190:Environmental economists 7140:British men centenarians 6944:The Great Transformation 6302:Labor theory of property 4748:Post-Keynesian economics 4728:French historical school 4000:Institutional economists 3893:publications indexed by 3566:Journal of Legal Studies 3525:. Sage. pp. 87–90. 3519:Davies, William (2014). 2573:American Economic Review 2444:"The Nature of the Firm" 2072:"The Nature of the Firm" 2020:Nobel Prize in Economics 1911:organizational economics 384:Economic interventionism 243:Nobel Prize in Economics 7155:British Nobel laureates 7150:English Nobel laureates 6513:Forest-dwelling (India) 6475:restraint on alienation 6255:Common good (economics) 5899:Pierre-Gilles de Gennes 4723:Evolutionary psychology 4587:Conspicuous consumption 3993:Institutional economics 3064:"COASE, Ronald Harry". 3021:"Coase, Ronald Harry". 2997:"Ronald Coase obituary" 2964:The Wall Street Journal 2927:Harvard Business Review 2000:. Coase settled at the 1986:University of Liverpool 1638:Economic liberalization 1543:International economics 1369:George Mason University 1314:Part of a series on the 1053:Criticism of capitalism 255:IDEAS / RePEc 87:Chicago, Illinois, U.S. 6952:Pierre-Joseph Proudhon 6726:Primitive accumulation 6581:Right of way (transit) 6366:Tragedy of the commons 6248:fictitious commodities 5952:Nobel Prize recipients 5908:Physiology or Medicine 4718:Evolutionary economics 4560:Key concepts and ideas 4516:Donald Angus MacKenzie 4142:George W. Stocking Sr. 4062:John Kenneth Galbraith 2843:Horizontal integration 2757:. Palgrave Macmillan. 2734:10.2202/2157-5665.1026 2640:Coase, Ronald (2000). 2428: 2410:Ronald Coase Institute 2404:Ronald Coase Institute 2401: 2384:The Nature of the Firm 2377: 2361: 2272: 2263: 2254: 2237: 2199:University of Virginia 2169: 2078:The Nature of the Firm 2030: 1998:University of Virginia 1947:Kilburn Grammar School 1930: 1883:The Nature of the Firm 1703:Open market operations 1407:Neoclassical economics 1083:Exploitation of labour 794:Primitive accumulation 194:University of Virginia 7195:Cato Institute people 7115:People from Willesden 7005:The Wealth of Nations 6985:Jean-Jacques Rousseau 6977:The Ethics of Liberty 5343:James M. Buchanan Jr. 4708:Development economics 4617:Hiding hand principle 4607:Effective competition 4478:Economic sociologists 4245:Behavioral economists 4107:Wesley Clair Mitchell 3857:"Why do Firms Exist?" 3839:"Looking for Results" 3734:. Thousand Oaks, CA: 3659:"Looking for results" 3492:Knight, Jack (1992). 3250:www-news.uchicago.edu 2872:Hahn, Robert (2013). 2816:Libertarianism portal 2617:Coase, R. H. (1994). 2594:Coase, R. H. (1988). 2590:(Nobel Prize lecture) 2535:Coase, R. H. (1974). 2469:Coase, R. H. (1960). 2442:Coase, R. H. (1937). 2423: 2353: 2283:, the Coase theorem ( 2267: 2235: 2179:University of Chicago 2167: 2028: 2002:University of Chicago 1994:University at Buffalo 1928: 1806:Capitalism portal 1683:Intellectual property 1491:Comparative advantage 1261:Capitalism portal 1073:Culture of capitalism 1028:Capitalist propaganda 784:Industrial Revolution 774:Commercial Revolution 198:University at Buffalo 190:University of Chicago 117:University of Chicago 7135:English centenarians 6868:Progress and Poverty 6202:Common-pool resource 5606:Oliver E. Williamson 5236:Tjalling C. Koopmans 5090:Julian Lincoln Simon 5068:Business and finance 5059:Frank H. Easterbrook 4978:Public choice school 4915:New social economics 4887:New economic history 4809:Henry Calvert Simons 4637:Market concentration 4602:Countervailing power 4408:Sendhil Mullainathan 4235:Oliver E. Williamson 4067:Walton Hale Hamilton 4012:Clarence Edwin Ayres 3847:by Thomas W. Hazlett 3682:www.law.uchicago.edu 3307:on 3 September 2010. 2853:Vertical integration 2016:Philadelphia Society 1982:University of Dundee 1970:Bachelor of Commerce 1951:University of London 1915:Oliver E. Williamson 1673:Inflation adjustment 1629:Economic integration 1506:Economic rationalism 1236:Right-libertarianism 1166:Classical liberalism 1133:Venture philanthropy 769:Capitalism and Islam 764:Age of Enlightenment 359:Capital accumulation 182:University of Dundee 121:University of London 6991:The Social Contract 6679:population transfer 6596:prior-appropriation 6275:homestead principle 5634:Christopher A. Sims 5562:Thomas C. Schelling 5534:Robert F. Engle III 5435:Robert E. Lucas Jr. 5283:Theodore W. Schultz 5006:William A. Niskanen 4687:Veblenian dichotomy 4597:Conventional wisdom 4592:Conspicuous leisure 4582:Bounded rationality 4572:Administered prices 4393:Brigitte C. Madrian 4195:Steven N. S. Cheung 4077:Albert O. Hirschman 4072:Orris C. Herfindahl 3466:The Washington Post 3401:on 5 September 2013 3347:on 17 January 2011. 3226:on 28 February 2020 2890:2013Natur.502..449H 2848:List of think tanks 2788:Conservatism portal 2393:Forestry Commission 2308:economic efficiency 2060:The Washington Post 1834:Politics portal 1792:Business portal 1753:Alter-globalization 1698:Negative income tax 1678:Inflation targeting 1273:Business portal 389:Economic liberalism 379:Competitive markets 137:Marian Ruth Hartung 6971:Murray N. Rothbard 6282:Free-rider problem 5550:Edward C. Prescott 5538:Clive W.J. Granger 5514:Joseph E. Stiglitz 5487:Daniel L. McFadden 5375:Harry M. Markowitz 4905:Robert M. Townsend 4703:Cultural economics 4567:Accelerator effect 4383:George Loewenstein 4323:Catherine C. Eckel 4042:John Maurice Clark 4007:Werner Abelshauser 3929:Harry M. Markowitz 3800:on Nobelprize.org 3742:. pp. 73–74. 3376:The New York Times 2838:Government failure 2676:– via JSTOR. 2429: 2238: 2201:, "The Problem of 2170: 2040:Graceland Cemetery 2031: 2018:. He received the 1931: 1763:Anti-globalization 1561:Monetary economics 1033:Capitalist realism 424:Goods and services 404:Fictitious capital 267:Ronald Harry Coase 97:Graceland Cemetery 55:Ronald Harry Coase 7047: 7046: 6958:What Is Property? 6751:human trafficking 6736:Regulatory taking 6611: 6610: 6356:Right to property 6016: 6015: 5933:Economic Sciences 5799: 5798: 5698:Richard H. Thaler 5662:Robert J. Shiller 5658:Lars Peter Hansen 5630:Thomas J. Sargent 5618:Dale T. Mortensen 5510:A. Michael Spence 5506:George A. Akerlof 5475:Robert A. Mundell 5443:James A. Mirrlees 5411:Douglass C. North 5383:William F. Sharpe 5335:Franco Modigliani 5311:George J. Stigler 5295:Lawrence R. Klein 5184:Paul A. Samuelson 5118: 5117: 5110:Lars Peter Hansen 5021:Law and economics 4986:James M. Buchanan 4756: 4755: 4577:Barriers to entry 4443:Robert J. Shiller 4403:Matteo Motterlini 4147:Lars Pålsson Syll 3960: 3959: 3951:Succeeded by 3937:William F. Sharpe 3505:978-0-521-42189-8 3325:. 3 January 2011. 3301:VietNamNet Bridge 3277:on 27 August 2013 3123:978-0-7136-7526-9 2320:transaction costs 2281:law and economics 2242:law and economics 2228:Law and economics 2210:transaction costs 2193:Published in the 2112:Oliver Williamson 2103:transaction costs 1887:transaction costs 1871: 1870: 1614:Denationalization 1571:Quantity of money 1379:Reason Foundation 1309: 1308: 1128:Spontaneous order 1098:History of theory 741:New institutional 711:Market monetarism 646:Economic theories 479:Supply and demand 414:Free price system 264: 263: 229:transaction costs 172:Law and economics 71:, London, England 16:(Redirected from 7242: 7024: 7023: 6928:John Stuart Mill 6848:Friedrich Engels 6829:Frédéric Bastiat 6822: 6674:Forced migration 6642:Collectivization 6386: 6265:First possession 6238:Bundle of rights 6043: 6036: 6029: 6020: 5954: 5941:(United Kingdom) 5884:Aung San Suu Kyi 5849:Richard R. Ernst 5826: 5819: 5812: 5803: 5792: 5784: 5782:Philip H. Dybvig 5765: 5746: 5744:Robert B. Wilson 5731: 5721:Abhijit Banerjee 5712: 5706:William Nordhaus 5700: 5692: 5680: 5672: 5664: 5648: 5646:Lloyd S. Shapley 5636: 5624: 5614:Peter A. Diamond 5608: 5596: 5588: 5586:Roger B. Myerson 5572: 5570:Edmund S. Phelps 5564: 5558:Robert J. Aumann 5552: 5540: 5528: 5516: 5489: 5483:James J. Heckman 5477: 5469: 5461: 5459:Myron S. Scholes 5455:Robert C. Merton 5449: 5437: 5429: 5423:John F. Nash Jr. 5419:John C. Harsanyi 5413: 5401: 5393: 5385: 5379:Merton H. Miller 5369: 5361: 5353: 5345: 5337: 5329: 5321: 5313: 5305: 5297: 5289: 5287:Sir Arthur Lewis 5277: 5275:Herbert A. Simon 5269: 5257: 5238: 5226: 5214: 5212:Wassily Leontief 5206: 5204:Kenneth J. Arrow 5194: 5186: 5178: 5145: 5138: 5131: 5122: 4996:Randall Holcombe 4958:Sudhir Venkatesh 4867:Allan H. Meltzer 4862:Harry G. Johnson 4857:Phillip D. Cagan 4819:Theodore Schultz 4783: 4776: 4769: 4760: 4662:Shortage economy 4647:Market structure 4612:Herfindahl index 4536:Laurent Thévenot 4531:Richard Swedberg 4526:Lynette Spillman 4511:Mark Granovetter 4496:James S. Coleman 4468:Georg Weizsäcker 4463:Robert W. Vishny 4428:Klaus M. Schmidt 4378:Jeffrey R. Kling 4273:Douglas Bernheim 4162:Erich Zimmermann 4152:Thorstein Veblen 4132:Herbert A. Simon 4127:François Simiand 4102:Jesse W. Markham 4082:Geoffrey Hodgson 4022:Shimshon Bichler 3986: 3979: 3972: 3963: 3933:Merton H. Miller 3926:Preceded by 3918: 3904:Internet Archive 3824: 3819:(2nd ed.). 3805: 3777: 3707: 3706: 3700: 3692: 3690: 3688: 3673: 3667: 3666: 3655: 3649: 3648: 3610: 3599: 3598: 3560: 3549: 3543: 3537: 3536: 3516: 3510: 3509: 3489: 3483: 3476: 3470: 3469: 3457: 3451: 3450: 3436: 3430: 3429: 3417: 3411: 3410: 3408: 3406: 3395:Law.uchicago.edu 3386: 3380: 3379: 3367: 3361: 3355: 3349: 3348: 3333: 3327: 3326: 3315: 3309: 3308: 3293: 3287: 3286: 3284: 3282: 3267: 3261: 3260: 3258: 3256: 3242: 3236: 3235: 3233: 3231: 3222:. Archived from 3216: 3210: 3209: 3171: 3165: 3162: 3156: 3155: 3148: 3139: 3138: 3135:Internet Archive 3132: 3130: 3111: 3101: 3095: 3094: 3092: 3090: 3071: 3061: 3052: 3051: 3049: 3047: 3028: 3018: 3012: 3011: 3009: 3007: 2992: 2983: 2982: 2980: 2978: 2955: 2946: 2945: 2943: 2941: 2918: 2912: 2911: 2901: 2869: 2832: 2827: 2826: 2818: 2813: 2812: 2811: 2804: 2802:Economics portal 2799: 2798: 2790: 2785: 2784: 2783: 2768: 2756: 2745: 2716: 2698: 2677: 2636: 2624: 2613: 2601: 2589: 2566: 2531: 2500: 2465: 2337:Coase conjecture 2331:Coase conjecture 2324:Pareto efficient 2306:) describes the 2305: 2304: 2301: 2300: 2297: 2294: 2291: 1955:external student 1863: 1856: 1849: 1836: 1832: 1831: 1822: 1818: 1817: 1816: 1808: 1804: 1803: 1794: 1790: 1789: 1770: 1708:Private property 1624:Economic freedom 1511:Efficient market 1311: 1301: 1294: 1287: 1271: 1270: 1259: 1258: 1063:Critique of work 1038:Capitalist state 721:Critique of work 604:Regulated market 506:Economic systems 459:Private property 409:Financial market 399:Entrepreneurship 394:Economic surplus 307: 291: 290: 287: 286: 283: 280: 277: 233:Coase conjecture 151: 149: 83: 80:2 September 2013 65:29 December 1910 64: 62: 46: 32: 21: 7250: 7249: 7245: 7244: 7243: 7241: 7240: 7239: 7050: 7049: 7048: 7043: 7012: 6816: 6815: 6809: 6759:husband-selling 6696:Illegal logging 6691:Illegal fishing 6620: 6607: 6518:Freedom to roam 6491: 6404:(agrarian land) 6377: 6334:Property rights 6226: 6183: 6145:Estate (landed) 6128: 6052: 6047: 6017: 6012: 5950: 5942: 5927: 5902: 5887: 5872: 5869:Nadine Gordimer 5852: 5837: 5830: 5800: 5795: 5787: 5778:Douglas Diamond 5768: 5749: 5734: 5715: 5703: 5695: 5690:Bengt Holmström 5683: 5675: 5667: 5651: 5639: 5627: 5611: 5599: 5591: 5575: 5567: 5555: 5546:Finn E. Kydland 5543: 5531: 5526:Vernon L. Smith 5522:Daniel Kahneman 5519: 5503: 5492: 5480: 5472: 5464: 5452: 5447:William Vickrey 5440: 5432: 5427:Reinhard Selten 5416: 5407:Robert W. Fogel 5404: 5396: 5391:Ronald H. Coase 5388: 5372: 5367:Trygve Haavelmo 5364: 5356: 5351:Robert M. Solow 5348: 5340: 5332: 5324: 5316: 5308: 5300: 5292: 5280: 5272: 5260: 5255:Milton Friedman 5252: 5241: 5229: 5217: 5209: 5197: 5189: 5181: 5169: 5158: 5149: 5119: 5114: 5105:Campbell Harvey 5075:Harry Markowitz 5063: 5049:Richard Epstein 5015: 4972: 4948:Kevin M. Murphy 4909: 4881: 4842:Milton Friedman 4828: 4792: 4787: 4757: 4752: 4691: 4672:Technostructure 4627:Instrumentalism 4622:Hirschman cycle 4555: 4551:Viviana Zelizer 4521:Joel M. Podolny 4472: 4398:Gary McClelland 4363:Daniel Kahneman 4358:David Ryan Just 4353:Charles A. Holt 4333:Urs Fischbacher 4318:Stephen Duneier 4308:Werner De Bondt 4239: 4166: 4117:Jonathan Nitzan 4057:Robert H. Frank 4047:John R. Commons 4027:Robert A. Brady 3995: 3990: 3956: 3947: 3939: 3935: 3931: 3841:, interview in 3834:Coase Institute 3808: 3789: 3758: 3719: 3716: 3711: 3710: 3693: 3686: 3684: 3675: 3674: 3670: 3665:. January 1997. 3663:Reason magazine 3657: 3656: 3652: 3612: 3611: 3602: 3562: 3561: 3552: 3544: 3540: 3533: 3518: 3517: 3513: 3506: 3491: 3490: 3486: 3477: 3473: 3459: 3458: 3454: 3438: 3437: 3433: 3419: 3418: 3414: 3404: 3402: 3388: 3387: 3383: 3369: 3368: 3364: 3356: 3352: 3335: 3334: 3330: 3317: 3316: 3312: 3295: 3294: 3290: 3280: 3278: 3269: 3268: 3264: 3254: 3252: 3244: 3243: 3239: 3229: 3227: 3218: 3217: 3213: 3173: 3172: 3168: 3163: 3159: 3150: 3149: 3142: 3128: 3126: 3124: 3103: 3102: 3098: 3088: 3086: 3084: 3063: 3062: 3055: 3045: 3043: 3041: 3020: 3019: 3015: 3005: 3003: 2994: 2993: 2986: 2976: 2974: 2957: 2956: 2949: 2939: 2937: 2920: 2919: 2915: 2899:10.1038/502449a 2871: 2870: 2866: 2861: 2830:Politics portal 2828: 2821: 2814: 2809: 2807: 2800: 2793: 2786: 2781: 2779: 2776: 2765: 2748: 2719: 2696:10.1.1.424.5083 2680: 2639: 2633: 2616: 2610: 2593: 2569: 2534: 2503: 2468: 2456:(16): 386–405. 2441: 2438: 2418: 2406: 2380:Guido Calabresi 2349: 2347:Political views 2333: 2310:of an economic 2288: 2284: 2277: 2230: 2188:Milton Friedman 2162: 2156: 2080: 2074: 2069: 1968:and received a 1923: 1899:property rights 1867: 1826: 1825: 1814: 1812: 1811: 1798: 1797: 1784: 1783: 1776: 1775: 1774: 1768: 1758:Anti-capitalism 1747: 1739: 1738: 1737: 1718:School vouchers 1633:interdependence 1603: 1595: 1594: 1593: 1537:Homo economicus 1501:Economic growth 1485: 1477: 1476: 1475: 1451:Milton Friedman 1420: 1412: 1411: 1392: 1384: 1383: 1359: 1351: 1350: 1331: 1321: 1305: 1265: 1253: 1246: 1245: 1151: 1143: 1142: 1118:Post-capitalism 1023:Anti-capitalism 1018: 1010: 1009: 905: 897: 896: 817: 809: 808: 759: 751: 750: 647: 639: 638: 629:State-sponsored 507: 499: 498: 364:Capital markets 329: 274: 270: 231: 226: 212: 205: 196: 192: 188: 184: 163:Academic career 153: 145: 141: 138: 119: 115: 88: 85: 84:(aged 102) 81: 72: 66: 60: 58: 57: 56: 37: 28: 23: 22: 18:Ronald H. Coase 15: 12: 11: 5: 7248: 7246: 7238: 7237: 7232: 7227: 7222: 7217: 7212: 7207: 7202: 7197: 7192: 7187: 7182: 7177: 7172: 7167: 7162: 7157: 7152: 7147: 7142: 7137: 7132: 7127: 7122: 7117: 7112: 7107: 7102: 7097: 7092: 7087: 7082: 7077: 7072: 7067: 7062: 7052: 7051: 7045: 7044: 7042: 7041: 7040: 7039: 7029: 7017: 7014: 7013: 7011: 7010: 7009: 7008: 6996: 6995: 6994: 6982: 6981: 6980: 6968: 6963: 6962: 6961: 6949: 6948: 6947: 6935: 6930: 6925: 6924: 6923: 6911: 6910: 6909: 6897: 6896: 6895: 6883: 6878: 6876:Garrett Hardin 6873: 6872: 6871: 6859: 6858: 6857: 6845: 6840: 6839: 6838: 6825: 6823: 6811: 6810: 6808: 6807: 6802: 6801: 6800: 6795: 6790: 6785: 6775: 6774: 6773: 6768: 6767: 6766: 6761: 6753: 6748: 6738: 6733: 6728: 6723: 6718: 6713: 6708: 6703: 6698: 6693: 6688: 6687: 6686: 6681: 6671: 6664: 6659: 6654: 6649: 6647:Eminent domain 6644: 6639: 6638: 6637: 6630:Bioprospecting 6626: 6624: 6622:redistribution 6613: 6612: 6609: 6608: 6606: 6605: 6604: 6603: 6598: 6588: 6583: 6578: 6577: 6576: 6564: 6559: 6558: 6557: 6552: 6547: 6537: 6532: 6531: 6530: 6520: 6515: 6510: 6505: 6499: 6497: 6493: 6492: 6490: 6489: 6488: 6487: 6482: 6477: 6472: 6467: 6457: 6452: 6451: 6450: 6440: 6433: 6428: 6427: 6426: 6421: 6416: 6406: 6398: 6389: 6383: 6379: 6378: 6376: 6375: 6374: 6373: 6363: 6358: 6353: 6352: 6351: 6346: 6341: 6331: 6326: 6324:Natural rights 6321: 6316: 6315: 6314: 6304: 6299: 6294: 6289: 6284: 6279: 6278: 6277: 6272: 6262: 6257: 6252: 6251: 6250: 6240: 6234: 6232: 6228: 6227: 6225: 6224: 6219: 6214: 6209: 6204: 6199: 6193: 6191: 6185: 6184: 6182: 6181: 6180: 6179: 6169: 6164: 6163: 6162: 6152: 6147: 6142: 6136: 6134: 6130: 6129: 6127: 6126: 6121: 6116: 6111: 6106: 6101: 6096: 6091: 6086: 6081: 6076: 6071: 6066: 6060: 6058: 6054: 6053: 6048: 6046: 6045: 6038: 6031: 6023: 6014: 6013: 6011: 6010: 6005: 6000: 5995: 5990: 5985: 5980: 5975: 5970: 5965: 5960: 5955: 5947: 5944: 5943: 5937: 5935: 5929: 5928: 5926: 5925: 5919: 5912: 5910: 5904: 5903: 5897: 5895: 5889: 5888: 5882: 5880: 5874: 5873: 5871:(South Africa) 5867: 5865: 5854: 5853: 5847: 5845: 5839: 5838: 5831: 5829: 5828: 5821: 5814: 5806: 5797: 5796: 5794: 5793: 5790:Claudia Goldin 5785: 5766: 5759:Joshua Angrist 5747: 5732: 5729:Michael Kremer 5713: 5701: 5693: 5681: 5673: 5665: 5654:Eugene F. Fama 5649: 5637: 5625: 5609: 5597: 5589: 5582:Eric S. Maskin 5578:Leonid Hurwicz 5573: 5565: 5553: 5541: 5529: 5517: 5500: 5498: 5494: 5493: 5491: 5490: 5478: 5470: 5462: 5450: 5438: 5430: 5414: 5402: 5399:Gary S. Becker 5394: 5386: 5370: 5362: 5359:Maurice Allais 5354: 5346: 5338: 5330: 5322: 5314: 5306: 5298: 5290: 5278: 5270: 5267:James E. Meade 5258: 5249: 5247: 5243: 5242: 5240: 5239: 5227: 5215: 5207: 5195: 5187: 5179: 5166: 5164: 5160: 5159: 5150: 5148: 5147: 5140: 5133: 5125: 5116: 5115: 5113: 5112: 5107: 5102: 5100:Kenneth French 5097: 5092: 5087: 5082: 5077: 5071: 5069: 5065: 5064: 5062: 5061: 5056: 5051: 5046: 5044:Richard Posner 5041: 5039:William Landes 5036: 5034:Aaron Director 5031: 5025: 5023: 5017: 5016: 5014: 5013: 5008: 5003: 4998: 4993: 4991:Gordon Tullock 4988: 4982: 4980: 4974: 4973: 4971: 4970: 4965: 4960: 4955: 4950: 4945: 4940: 4935: 4930: 4925: 4919: 4917: 4911: 4910: 4908: 4907: 4902: 4897: 4895:Douglass North 4891: 4889: 4883: 4882: 4880: 4879: 4874: 4869: 4864: 4859: 4854: 4849: 4844: 4838: 4836: 4830: 4829: 4827: 4826: 4824:George Stigler 4821: 4816: 4811: 4806: 4800: 4798: 4794: 4793: 4788: 4786: 4785: 4778: 4771: 4763: 4754: 4753: 4751: 4750: 4745: 4743:Microeconomics 4740: 4735: 4730: 4725: 4720: 4715: 4710: 4705: 4699: 4697: 4696:Related fields 4693: 4692: 4690: 4689: 4684: 4679: 4674: 4669: 4664: 4659: 4654: 4649: 4644: 4639: 4634: 4632:Kuznets cycles 4629: 4624: 4619: 4614: 4609: 4604: 4599: 4594: 4589: 4584: 4579: 4574: 4569: 4563: 4561: 4557: 4556: 4554: 4553: 4548: 4546:Harrison White 4543: 4541:Carlo Trigilia 4538: 4533: 4528: 4523: 4518: 4513: 4508: 4503: 4498: 4493: 4488: 4482: 4480: 4474: 4473: 4471: 4470: 4465: 4460: 4455: 4453:Richard Thaler 4450: 4445: 4440: 4435: 4430: 4425: 4423:Howard Rachlin 4420: 4415: 4413:Michael Norton 4410: 4405: 4400: 4395: 4390: 4385: 4380: 4375: 4370: 4365: 4360: 4355: 4350: 4345: 4340: 4338:Herbert Gintis 4335: 4330: 4325: 4320: 4315: 4310: 4305: 4300: 4295: 4293:David Cesarini 4290: 4285: 4280: 4275: 4270: 4265: 4260: 4255: 4253:George Ainslie 4249: 4247: 4241: 4240: 4238: 4237: 4232: 4227: 4222: 4220:Douglass North 4217: 4212: 4207: 4205:Harold Demsetz 4202: 4197: 4192: 4187: 4185:Armen Alchian 4182: 4180:Daron Acemoglu 4176: 4174: 4168: 4167: 4165: 4164: 4159: 4154: 4149: 4144: 4139: 4137:Frank Stilwell 4134: 4129: 4124: 4122:Warren Samuels 4119: 4114: 4109: 4104: 4099: 4094: 4089: 4084: 4079: 4074: 4069: 4064: 4059: 4054: 4052:Richard T. Ely 4049: 4044: 4039: 4034: 4032:Daniel Bromley 4029: 4024: 4019: 4014: 4009: 4003: 4001: 3997: 3996: 3991: 3989: 3988: 3981: 3974: 3966: 3958: 3957: 3954:Gary S. Becker 3952: 3949: 3940: 3927: 3923: 3922: 3916: 3915: 3906: 3897: 3895:Google Scholar 3888: 3885:The New Yorker 3878: 3873: 3864: 3859:, Schumpeter, 3854: 3848: 3836: 3831: 3825: 3806: 3795: 3788: 3787:External links 3785: 3779: 3778: 3757:978-1412965804 3756: 3740:Cato Institute 3726:Hamowy, Ronald 3715: 3712: 3709: 3708: 3668: 3650: 3629:10.1086/467274 3623:(1): 239–254. 3600: 3579:10.1086/467973 3573:(1): 103–119. 3550: 3538: 3532:978-1473905337 3531: 3511: 3504: 3484: 3480:Hein Schreuder 3471: 3452: 3431: 3412: 3389:Galer, Sarah. 3381: 3362: 3350: 3328: 3310: 3288: 3262: 3237: 3211: 3190:10.1086/467030 3184:(1): 163–234. 3166: 3157: 3140: 3122: 3096: 3082: 3053: 3039: 3013: 2984: 2947: 2913: 2863: 2862: 2860: 2857: 2856: 2855: 2850: 2845: 2840: 2834: 2833: 2819: 2805: 2791: 2775: 2772: 2771: 2770: 2764:978-1137019363 2763: 2746: 2717: 2689:(2): 255–278. 2678: 2666:10.1086/467446 2658:10.1086/467446 2637: 2631: 2614: 2608: 2591: 2580:(4): 713–719. 2567: 2555:10.1086/466796 2549:(2): 357–376. 2532: 2520:10.1086/466731 2514:(1): 143–149. 2501: 2489:10.1086/466560 2466: 2437: 2434: 2426:Richard Sandor 2417: 2414: 2405: 2402: 2348: 2345: 2332: 2329: 2276: 2273: 2229: 2226: 2184:George Stigler 2158:Main article: 2155: 2152: 2140: 2139: 2136: 2133: 2119:overhead costs 2084:business firms 2076:Main article: 2073: 2070: 2068: 2065: 2012:Aaron Director 1922: 1919: 1869: 1868: 1866: 1865: 1858: 1851: 1843: 1840: 1839: 1838: 1837: 1823: 1809: 1795: 1778: 1777: 1773: 1772: 1765: 1760: 1755: 1749: 1748: 1746:Related topics 1745: 1744: 1741: 1740: 1736: 1735: 1730: 1725: 1720: 1715: 1710: 1705: 1700: 1695: 1690: 1685: 1680: 1675: 1670: 1665: 1660: 1655: 1650: 1645: 1640: 1635: 1626: 1621: 1616: 1611: 1605: 1604: 1601: 1600: 1597: 1596: 1592: 1591: 1586: 1576:Rational agent 1573: 1568: 1563: 1558: 1553: 1540: 1533: 1528: 1523: 1521:k-percent rule 1518: 1513: 1508: 1503: 1498: 1493: 1487: 1486: 1483: 1482: 1479: 1478: 1474: 1473: 1468: 1463: 1458: 1453: 1448: 1446:David Friedman 1443: 1438: 1433: 1428: 1422: 1421: 1418: 1417: 1414: 1413: 1410: 1409: 1404: 1399: 1393: 1390: 1389: 1386: 1385: 1382: 1381: 1376: 1371: 1366: 1364:Cato Institute 1360: 1357: 1356: 1353: 1352: 1349: 1348: 1343: 1338: 1336:Libertarianism 1332: 1329: 1328: 1325: 1324: 1320:Chicago school 1316: 1315: 1307: 1306: 1304: 1303: 1296: 1289: 1281: 1278: 1277: 1276: 1275: 1263: 1248: 1247: 1244: 1243: 1238: 1233: 1228: 1226:Ordoliberalism 1223: 1218: 1213: 1208: 1203: 1198: 1193: 1188: 1183: 1178: 1173: 1168: 1163: 1158: 1152: 1149: 1148: 1145: 1144: 1141: 1140: 1135: 1130: 1125: 1120: 1115: 1110: 1105: 1103:Market economy 1100: 1095: 1090: 1085: 1080: 1075: 1070: 1065: 1060: 1055: 1050: 1045: 1040: 1035: 1030: 1025: 1019: 1017:Related topics 1016: 1015: 1012: 1011: 1008: 1007: 1002: 997: 992: 987: 982: 977: 972: 967: 962: 957: 952: 947: 942: 937: 932: 927: 922: 917: 912: 906: 903: 902: 899: 898: 895: 894: 889: 887:State monopoly 884: 879: 874: 869: 864: 859: 854: 849: 844: 839: 834: 829: 824: 818: 815: 814: 811: 810: 807: 806: 801: 796: 791: 786: 781: 776: 771: 766: 760: 757: 756: 753: 752: 749: 748: 743: 738: 733: 728: 723: 718: 713: 708: 707: 706: 701: 696: 686: 681: 676: 671: 670: 669: 659: 654: 648: 645: 644: 641: 640: 637: 636: 631: 626: 621: 616: 611: 606: 601: 596: 591: 586: 581: 576: 571: 566: 561: 556: 551: 546: 539: 534: 529: 524: 519: 514: 508: 505: 504: 501: 500: 497: 496: 491: 486: 481: 476: 471: 466: 461: 456: 451: 446: 444:Liberalization 441: 436: 434:Invisible hand 431: 426: 421: 416: 411: 406: 401: 396: 391: 386: 381: 376: 371: 366: 361: 356: 351: 349:Businessperson 346: 344:Business cycle 341: 336: 330: 327: 326: 323: 322: 316: 315: 262: 261: 258: 257: 247: 246: 240: 236: 235: 221: 217: 216: 207: 204:School or 201: 200: 179: 175: 174: 169: 165: 164: 160: 159: 156: 155: 143: 139: 136: 135: 133: 129: 128: 105: 101: 100: 94: 90: 89: 86: 78: 74: 73: 67: 54: 52: 48: 47: 39: 38: 35: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 7247: 7236: 7233: 7231: 7228: 7226: 7223: 7221: 7218: 7216: 7213: 7211: 7208: 7206: 7203: 7201: 7198: 7196: 7193: 7191: 7188: 7186: 7183: 7181: 7178: 7176: 7173: 7171: 7168: 7166: 7163: 7161: 7158: 7156: 7153: 7151: 7148: 7146: 7143: 7141: 7138: 7136: 7133: 7131: 7128: 7126: 7123: 7121: 7118: 7116: 7113: 7111: 7108: 7106: 7103: 7101: 7098: 7096: 7093: 7091: 7088: 7086: 7083: 7081: 7078: 7076: 7073: 7071: 7068: 7066: 7063: 7061: 7058: 7057: 7055: 7038: 7035: 7034: 7033: 7030: 7028: 7025:Categories: 7019: 7018: 7015: 7007: 7006: 7002: 7001: 7000: 6997: 6993: 6992: 6988: 6987: 6986: 6983: 6979: 6978: 6974: 6973: 6972: 6969: 6967: 6966:David Ricardo 6964: 6960: 6959: 6955: 6954: 6953: 6950: 6946: 6945: 6941: 6940: 6939: 6936: 6934: 6933:Elinor Ostrom 6931: 6929: 6926: 6922: 6921: 6917: 6916: 6915: 6912: 6908: 6907: 6903: 6902: 6901: 6898: 6894: 6893: 6889: 6888: 6887: 6884: 6882: 6879: 6877: 6874: 6870: 6869: 6865: 6864: 6863: 6860: 6856: 6855: 6851: 6850: 6849: 6846: 6844: 6841: 6837: 6836: 6832: 6831: 6830: 6827: 6826: 6824: 6820: 6812: 6806: 6803: 6799: 6796: 6794: 6791: 6789: 6786: 6784: 6781: 6780: 6779: 6776: 6772: 6769: 6765: 6762: 6760: 6757: 6756: 6754: 6752: 6749: 6747: 6744: 6743: 6742: 6739: 6737: 6734: 6732: 6731:Privatization 6729: 6727: 6724: 6722: 6719: 6717: 6714: 6712: 6711:Legal plunder 6709: 6707: 6704: 6702: 6699: 6697: 6694: 6692: 6689: 6685: 6682: 6680: 6677: 6676: 6675: 6672: 6670: 6669: 6665: 6663: 6662:Expropriation 6660: 6658: 6655: 6653: 6650: 6648: 6645: 6643: 6640: 6636: 6633: 6632: 6631: 6628: 6627: 6625: 6623: 6618: 6614: 6602: 6599: 6597: 6594: 6593: 6592: 6589: 6587: 6584: 6582: 6579: 6575: 6574: 6570: 6569: 6568: 6565: 6563: 6560: 6556: 6553: 6551: 6548: 6546: 6543: 6542: 6541: 6538: 6536: 6533: 6529: 6526: 6525: 6524: 6521: 6519: 6516: 6514: 6511: 6509: 6506: 6504: 6501: 6500: 6498: 6494: 6486: 6483: 6481: 6478: 6476: 6473: 6471: 6468: 6466: 6463: 6462: 6461: 6458: 6456: 6453: 6449: 6446: 6445: 6444: 6441: 6439: 6438: 6434: 6432: 6429: 6425: 6422: 6420: 6417: 6415: 6412: 6411: 6410: 6407: 6405: 6403: 6399: 6397: 6396:(watercourse) 6395: 6391: 6390: 6387: 6384: 6380: 6372: 6369: 6368: 6367: 6364: 6362: 6359: 6357: 6354: 6350: 6347: 6345: 6342: 6340: 6339:primogeniture 6337: 6336: 6335: 6332: 6330: 6327: 6325: 6322: 6320: 6319:Legal plunder 6317: 6313: 6310: 6309: 6308: 6305: 6303: 6300: 6298: 6295: 6293: 6290: 6288: 6285: 6283: 6280: 6276: 6273: 6271: 6270:appropriation 6268: 6267: 6266: 6263: 6261: 6260:Excludability 6258: 6256: 6253: 6249: 6246: 6245: 6244: 6241: 6239: 6236: 6235: 6233: 6229: 6223: 6220: 6218: 6215: 6213: 6210: 6208: 6205: 6203: 6200: 6198: 6195: 6194: 6192: 6190: 6186: 6178: 6175: 6174: 6173: 6170: 6168: 6165: 6161: 6158: 6157: 6156: 6153: 6151: 6148: 6146: 6143: 6141: 6138: 6137: 6135: 6131: 6125: 6122: 6120: 6117: 6115: 6112: 6110: 6107: 6105: 6102: 6100: 6097: 6095: 6092: 6090: 6087: 6085: 6082: 6080: 6077: 6075: 6072: 6070: 6067: 6065: 6062: 6061: 6059: 6055: 6051: 6044: 6039: 6037: 6032: 6030: 6025: 6024: 6021: 6009: 6006: 6004: 6001: 5999: 5996: 5994: 5991: 5989: 5986: 5984: 5981: 5979: 5976: 5974: 5971: 5969: 5966: 5964: 5961: 5959: 5956: 5953: 5949: 5948: 5945: 5940: 5936: 5934: 5930: 5923: 5920: 5917: 5914: 5913: 5911: 5909: 5905: 5900: 5896: 5894: 5890: 5885: 5881: 5879: 5875: 5870: 5866: 5863: 5859: 5855: 5851:(Switzerland) 5850: 5846: 5844: 5840: 5835: 5827: 5822: 5820: 5815: 5813: 5808: 5807: 5804: 5791: 5786: 5783: 5779: 5775: 5771: 5767: 5764: 5760: 5756: 5752: 5748: 5745: 5741: 5737: 5733: 5730: 5726: 5722: 5718: 5714: 5711: 5707: 5702: 5699: 5694: 5691: 5687: 5682: 5679: 5674: 5671: 5666: 5663: 5659: 5655: 5650: 5647: 5643: 5642:Alvin E. Roth 5638: 5635: 5631: 5626: 5623: 5619: 5615: 5610: 5607: 5603: 5602:Elinor Ostrom 5598: 5595: 5590: 5587: 5583: 5579: 5574: 5571: 5566: 5563: 5559: 5554: 5551: 5547: 5542: 5539: 5535: 5530: 5527: 5523: 5518: 5515: 5511: 5507: 5502: 5501: 5499: 5495: 5488: 5484: 5479: 5476: 5471: 5468: 5463: 5460: 5456: 5451: 5448: 5444: 5439: 5436: 5431: 5428: 5424: 5420: 5415: 5412: 5408: 5403: 5400: 5395: 5392: 5387: 5384: 5380: 5376: 5371: 5368: 5363: 5360: 5355: 5352: 5347: 5344: 5339: 5336: 5331: 5328: 5327:Richard Stone 5323: 5320: 5319:Gérard Debreu 5315: 5312: 5307: 5304: 5299: 5296: 5291: 5288: 5284: 5279: 5276: 5271: 5268: 5264: 5259: 5256: 5251: 5250: 5248: 5244: 5237: 5233: 5228: 5225: 5221: 5220:Gunnar Myrdal 5216: 5213: 5208: 5205: 5201: 5200:John R. Hicks 5196: 5193: 5192:Simon Kuznets 5188: 5185: 5180: 5177: 5176:Jan Tinbergen 5173: 5172:Ragnar Frisch 5168: 5167: 5165: 5161: 5157: 5153: 5146: 5141: 5139: 5134: 5132: 5127: 5126: 5123: 5111: 5108: 5106: 5103: 5101: 5098: 5096: 5093: 5091: 5088: 5086: 5085:Merton Miller 5083: 5081: 5080:Myron Scholes 5078: 5076: 5073: 5072: 5070: 5066: 5060: 5057: 5055: 5052: 5050: 5047: 5045: 5042: 5040: 5037: 5035: 5032: 5030: 5027: 5026: 5024: 5022: 5018: 5012: 5009: 5007: 5004: 5002: 5001:Anthony Downs 4999: 4997: 4994: 4992: 4989: 4987: 4984: 4983: 4981: 4979: 4975: 4969: 4966: 4964: 4963:Steven Levitt 4961: 4959: 4956: 4954: 4951: 4949: 4946: 4944: 4943:Sherwin Rosen 4941: 4939: 4938:Thomas Sowell 4936: 4934: 4933:James Heckman 4931: 4929: 4926: 4924: 4921: 4920: 4918: 4916: 4912: 4906: 4903: 4901: 4898: 4896: 4893: 4892: 4890: 4888: 4884: 4878: 4875: 4873: 4872:David Laidler 4870: 4868: 4865: 4863: 4860: 4858: 4855: 4853: 4850: 4848: 4847:Anna Schwartz 4845: 4843: 4840: 4839: 4837: 4835: 4831: 4825: 4822: 4820: 4817: 4815: 4812: 4810: 4807: 4805: 4802: 4801: 4799: 4795: 4791: 4784: 4779: 4777: 4772: 4770: 4765: 4764: 4761: 4749: 4746: 4744: 4741: 4739: 4738:Legal realism 4736: 4734: 4731: 4729: 4726: 4724: 4721: 4719: 4716: 4714: 4711: 4709: 4706: 4704: 4701: 4700: 4698: 4694: 4688: 4685: 4683: 4680: 4678: 4675: 4673: 4670: 4668: 4665: 4663: 4660: 4658: 4655: 4653: 4650: 4648: 4645: 4643: 4640: 4638: 4635: 4633: 4630: 4628: 4625: 4623: 4620: 4618: 4615: 4613: 4610: 4608: 4605: 4603: 4600: 4598: 4595: 4593: 4590: 4588: 4585: 4583: 4580: 4578: 4575: 4573: 4570: 4568: 4565: 4564: 4562: 4558: 4552: 4549: 4547: 4544: 4542: 4539: 4537: 4534: 4532: 4529: 4527: 4524: 4522: 4519: 4517: 4514: 4512: 4509: 4507: 4506:Paula England 4504: 4502: 4501:Paul DiMaggio 4499: 4497: 4494: 4492: 4491:Fred L. Block 4489: 4487: 4484: 4483: 4481: 4479: 4475: 4469: 4466: 4464: 4461: 4459: 4456: 4454: 4451: 4449: 4446: 4444: 4441: 4439: 4438:Hersh Shefrin 4436: 4434: 4431: 4429: 4426: 4424: 4421: 4419: 4418:Matthew Rabin 4416: 4414: 4411: 4409: 4406: 4404: 4401: 4399: 4396: 4394: 4391: 4389: 4388:Graham Loomes 4386: 4384: 4381: 4379: 4376: 4374: 4373:George Katona 4371: 4369: 4366: 4364: 4361: 4359: 4356: 4354: 4351: 4349: 4348:David Halpern 4346: 4344: 4341: 4339: 4336: 4334: 4331: 4329: 4326: 4324: 4321: 4319: 4316: 4314: 4311: 4309: 4306: 4304: 4303:Rachel Croson 4301: 4299: 4296: 4294: 4291: 4289: 4288:Colin Camerer 4286: 4284: 4283:Sarah Brosnan 4281: 4279: 4278:Samuel Bowles 4276: 4274: 4271: 4269: 4266: 4264: 4261: 4259: 4256: 4254: 4251: 4250: 4248: 4246: 4242: 4236: 4233: 4231: 4230:Elinor Ostrom 4228: 4226: 4223: 4221: 4218: 4216: 4215:Claude Ménard 4213: 4211: 4208: 4206: 4203: 4201: 4198: 4196: 4193: 4191: 4190:Masahiko Aoki 4188: 4186: 4183: 4181: 4178: 4177: 4175: 4173: 4169: 4163: 4160: 4158: 4155: 4153: 4150: 4148: 4145: 4143: 4140: 4138: 4135: 4133: 4130: 4128: 4125: 4123: 4120: 4118: 4115: 4113: 4112:Gunnar Myrdal 4110: 4108: 4105: 4103: 4100: 4098: 4095: 4093: 4092:Simon Kuznets 4090: 4088: 4085: 4083: 4080: 4078: 4075: 4073: 4070: 4068: 4065: 4063: 4060: 4058: 4055: 4053: 4050: 4048: 4045: 4043: 4040: 4038: 4037:Ha-Joon Chang 4035: 4033: 4030: 4028: 4025: 4023: 4020: 4018: 4015: 4013: 4010: 4008: 4005: 4004: 4002: 3998: 3994: 3987: 3982: 3980: 3975: 3973: 3968: 3967: 3964: 3955: 3946: 3945: 3938: 3934: 3930: 3924: 3919: 3914: 3910: 3907: 3905: 3901: 3898: 3896: 3892: 3889: 3886: 3882: 3879: 3877: 3874: 3872: 3868: 3865: 3862: 3861:The Economist 3858: 3855: 3852: 3849: 3846: 3845: 3840: 3837: 3835: 3832: 3829: 3826: 3822: 3818: 3814: 3813: 3807: 3804: 3799: 3796: 3794: 3791: 3790: 3786: 3784: 3783: 3775: 3771: 3767: 3763: 3759: 3753: 3749: 3745: 3741: 3737: 3733: 3732: 3727: 3723: 3718: 3717: 3713: 3704: 3698: 3683: 3679: 3672: 3669: 3664: 3660: 3654: 3651: 3646: 3642: 3638: 3634: 3630: 3626: 3622: 3618: 3617: 3609: 3607: 3605: 3601: 3596: 3592: 3588: 3584: 3580: 3576: 3572: 3568: 3567: 3559: 3557: 3555: 3551: 3547: 3542: 3539: 3534: 3528: 3524: 3523: 3515: 3512: 3507: 3501: 3497: 3496: 3488: 3485: 3481: 3475: 3472: 3467: 3463: 3456: 3453: 3448: 3447: 3442: 3435: 3432: 3427: 3423: 3416: 3413: 3400: 3396: 3392: 3385: 3382: 3377: 3373: 3366: 3363: 3359: 3354: 3351: 3346: 3342: 3338: 3332: 3329: 3324: 3320: 3314: 3311: 3306: 3302: 3298: 3292: 3289: 3276: 3272: 3266: 3263: 3251: 3247: 3241: 3238: 3225: 3221: 3215: 3212: 3207: 3203: 3199: 3195: 3191: 3187: 3183: 3179: 3178: 3170: 3167: 3161: 3158: 3153: 3147: 3145: 3141: 3136: 3125: 3119: 3115: 3110: 3109: 3100: 3097: 3085: 3083:1-85743-366-1 3079: 3075: 3070: 3069: 3060: 3058: 3054: 3042: 3040:0-8379-0200-2 3036: 3032: 3027: 3026: 3017: 3014: 3002: 2998: 2991: 2989: 2985: 2973: 2969: 2965: 2961: 2954: 2952: 2948: 2936: 2932: 2928: 2924: 2917: 2914: 2909: 2905: 2900: 2895: 2891: 2887: 2884:(7472): 449. 2883: 2879: 2875: 2868: 2865: 2858: 2854: 2851: 2849: 2846: 2844: 2841: 2839: 2836: 2835: 2831: 2825: 2820: 2817: 2806: 2803: 2797: 2792: 2789: 2778: 2773: 2766: 2760: 2755: 2754: 2747: 2743: 2739: 2735: 2731: 2727: 2723: 2718: 2714: 2710: 2706: 2702: 2697: 2692: 2688: 2684: 2679: 2675: 2671: 2667: 2663: 2659: 2655: 2651: 2647: 2643: 2638: 2634: 2628: 2623: 2622: 2615: 2611: 2605: 2600: 2599: 2592: 2587: 2583: 2579: 2575: 2574: 2568: 2564: 2560: 2556: 2552: 2548: 2544: 2543: 2538: 2533: 2529: 2525: 2521: 2517: 2513: 2509: 2508: 2502: 2498: 2494: 2490: 2486: 2482: 2478: 2477: 2472: 2467: 2463: 2459: 2455: 2451: 2450: 2445: 2440: 2439: 2435: 2433: 2427: 2422: 2415: 2413: 2411: 2403: 2400: 2398: 2394: 2387: 2385: 2381: 2376: 2374: 2370: 2364: 2360: 2358: 2352: 2346: 2344: 2342: 2338: 2330: 2328: 2325: 2321: 2317: 2316:externalities 2313: 2309: 2303: 2282: 2275:Coase theorem 2274: 2271: 2266: 2262: 2257: 2253: 2248: 2245: 2243: 2234: 2227: 2225: 2223: 2222:Coase theorem 2218: 2214: 2211: 2206: 2204: 2200: 2196: 2191: 2189: 2185: 2180: 2176: 2166: 2161: 2153: 2151: 2149: 2144: 2137: 2134: 2131: 2130: 2129: 2126: 2122: 2120: 2115: 2113: 2109: 2108:trade secrets 2104: 2099: 2097: 2092: 2088: 2085: 2079: 2071: 2066: 2064: 2062: 2061: 2056: 2055: 2050: 2049: 2043: 2041: 2035: 2027: 2023: 2021: 2017: 2013: 2009: 2008: 2003: 1999: 1995: 1991: 1987: 1983: 1979: 1975: 1971: 1967: 1963: 1958: 1956: 1952: 1948: 1944: 1940: 1936: 1927: 1920: 1918: 1916: 1912: 1908: 1907:Coase theorem 1904: 1903:externalities 1900: 1896: 1892: 1888: 1884: 1880: 1876: 1864: 1859: 1857: 1852: 1850: 1845: 1844: 1842: 1841: 1835: 1830: 1824: 1821: 1810: 1807: 1802: 1796: 1793: 1788: 1782: 1781: 1780: 1779: 1771: 1766: 1764: 1761: 1759: 1756: 1754: 1751: 1750: 1743: 1742: 1734: 1731: 1729: 1726: 1724: 1723:Single market 1721: 1719: 1716: 1714: 1713:Privatization 1711: 1709: 1706: 1704: 1701: 1699: 1696: 1694: 1693:Marketization 1691: 1689: 1688:Laissez-faire 1686: 1684: 1681: 1679: 1676: 1674: 1671: 1669: 1668:Globalization 1666: 1664: 1661: 1659: 1656: 1654: 1651: 1649: 1646: 1644: 1643:Exchange rate 1641: 1639: 1636: 1634: 1630: 1627: 1625: 1622: 1620: 1617: 1615: 1612: 1610: 1609:Central banks 1607: 1606: 1599: 1598: 1590: 1587: 1585: 1581: 1577: 1574: 1572: 1569: 1567: 1566:Public choice 1564: 1562: 1559: 1557: 1554: 1552: 1548: 1544: 1541: 1539: 1538: 1534: 1532: 1529: 1527: 1524: 1522: 1519: 1517: 1516:Friedman rule 1514: 1512: 1509: 1507: 1504: 1502: 1499: 1497: 1494: 1492: 1489: 1488: 1481: 1480: 1472: 1469: 1467: 1464: 1462: 1459: 1457: 1454: 1452: 1449: 1447: 1444: 1442: 1439: 1437: 1434: 1432: 1429: 1427: 1424: 1423: 1416: 1415: 1408: 1405: 1403: 1400: 1398: 1395: 1394: 1388: 1387: 1380: 1377: 1375: 1372: 1370: 1367: 1365: 1362: 1361: 1358:Organizations 1355: 1354: 1347: 1344: 1342: 1341:Neoliberalism 1339: 1337: 1334: 1333: 1327: 1326: 1323: 1317: 1313: 1312: 1302: 1297: 1295: 1290: 1288: 1283: 1282: 1280: 1279: 1274: 1269: 1264: 1262: 1257: 1252: 1251: 1250: 1249: 1242: 1239: 1237: 1234: 1232: 1229: 1227: 1224: 1222: 1219: 1217: 1216:Neoliberalism 1214: 1212: 1209: 1207: 1204: 1202: 1199: 1197: 1194: 1192: 1189: 1187: 1184: 1182: 1179: 1177: 1174: 1172: 1169: 1167: 1164: 1162: 1161:Authoritarian 1159: 1157: 1154: 1153: 1147: 1146: 1139: 1136: 1134: 1131: 1129: 1126: 1124: 1121: 1119: 1116: 1114: 1111: 1109: 1106: 1104: 1101: 1099: 1096: 1094: 1091: 1089: 1088:Globalization 1086: 1084: 1081: 1079: 1076: 1074: 1071: 1069: 1066: 1064: 1061: 1059: 1056: 1054: 1051: 1049: 1048:Crisis theory 1046: 1044: 1041: 1039: 1036: 1034: 1031: 1029: 1026: 1024: 1021: 1020: 1014: 1013: 1006: 1003: 1001: 998: 996: 993: 991: 988: 986: 983: 981: 978: 976: 973: 971: 968: 966: 963: 961: 958: 956: 953: 951: 948: 946: 943: 941: 938: 936: 933: 931: 928: 926: 923: 921: 918: 916: 913: 911: 908: 907: 904:Intellectuals 901: 900: 893: 892:Technological 890: 888: 885: 883: 880: 878: 875: 873: 870: 868: 865: 863: 860: 858: 855: 853: 850: 848: 845: 843: 840: 838: 835: 833: 830: 828: 825: 823: 820: 819: 813: 812: 805: 802: 800: 797: 795: 792: 790: 787: 785: 782: 780: 777: 775: 772: 770: 767: 765: 762: 761: 755: 754: 747: 744: 742: 739: 737: 734: 732: 729: 727: 724: 722: 719: 717: 714: 712: 709: 705: 702: 700: 697: 695: 692: 691: 690: 687: 685: 684:Institutional 682: 680: 677: 675: 672: 668: 665: 664: 663: 660: 658: 655: 653: 650: 649: 643: 642: 635: 632: 630: 627: 625: 622: 620: 617: 615: 612: 610: 607: 605: 602: 600: 597: 595: 592: 590: 587: 585: 582: 580: 577: 575: 572: 570: 567: 565: 562: 560: 557: 555: 552: 550: 547: 545: 544: 543:Laissez-faire 540: 538: 535: 533: 530: 528: 525: 523: 520: 518: 517:Authoritarian 515: 513: 510: 509: 503: 502: 495: 492: 490: 487: 485: 484:Surplus value 482: 480: 477: 475: 472: 470: 467: 465: 464:Privatization 462: 460: 457: 455: 452: 450: 447: 445: 442: 440: 437: 435: 432: 430: 427: 425: 422: 420: 417: 415: 412: 410: 407: 405: 402: 400: 397: 395: 392: 390: 387: 385: 382: 380: 377: 375: 372: 370: 367: 365: 362: 360: 357: 355: 352: 350: 347: 345: 342: 340: 337: 335: 332: 331: 325: 324: 321: 317: 313: 309: 308: 305: 303: 299: 295: 289: 268: 259: 256: 252: 248: 244: 241: 237: 234: 230: 225: 224:Coase theorem 222: 220:Contributions 218: 215: 211: 208: 202: 199: 195: 191: 187: 183: 180: 176: 173: 170: 166: 161: 157: 134: 130: 126: 122: 118: 113: 109: 106: 102: 98: 95: 93:Resting place 91: 79: 75: 70: 53: 49: 45: 40: 33: 30: 19: 7032:Property law 7003: 6989: 6975: 6956: 6942: 6938:Karl Polanyi 6918: 6914:Marcel Mauss 6904: 6890: 6881:David Harvey 6866: 6862:Henry George 6852: 6843:Ronald Coase 6842: 6833: 6818: 6764:wife selling 6746:bride buying 6684:repatriation 6666: 6617:Disposession 6571: 6460:Property law 6435: 6431:Forest types 6401: 6393: 6382:Applications 6312:rent-seeking 6297:Gift economy 6155:Intellectual 5982: 5939:Ronald Coase 5938: 5922:Bert Sakmann 5774:Ben Bernanke 5763:Guido Imbens 5740:Paul Milgrom 5725:Esther Duflo 5678:Angus Deaton 5594:Paul Krugman 5497:2001–present 5390: 5263:Bertil Ohlin 5029:Ronald Coase 5028: 5011:Bryan Caplan 4968:Roland Fryer 4953:John A. List 4923:Jacob Mincer 4900:Robert Fogel 4877:Scott Sumner 4852:Karl Brunner 4804:Frank Knight 4682:Veblen goods 4642:Market power 4486:Jens Beckert 4458:Amos Tversky 4433:Eldar Shafir 4298:Kay-Yut Chen 4225:Mancur Olson 4200:Ronald Coase 4199: 4097:Hunter Lewis 4087:János Kornai 3942: 3891:Ronald Coase 3860: 3842: 3821:Liberty Fund 3811: 3798:Ronald Coase 3780: 3730: 3714:Bibliography 3685:. Retrieved 3681: 3671: 3662: 3653: 3620: 3614: 3570: 3564: 3541: 3521: 3514: 3494: 3487: 3474: 3465: 3455: 3444: 3434: 3425: 3415: 3403:. Retrieved 3399:the original 3394: 3384: 3375: 3365: 3353: 3345:the original 3340: 3331: 3322: 3313: 3305:the original 3300: 3291: 3279:. Retrieved 3275:the original 3265: 3253:. Retrieved 3249: 3240: 3228:. Retrieved 3224:the original 3214: 3181: 3175: 3169: 3160: 3133:– via 3127:. Retrieved 3107: 3099: 3087:. Retrieved 3067: 3044:. Retrieved 3024: 3016: 3004:. Retrieved 3001:The Guardian 3000: 2975:. Retrieved 2963: 2938:. Retrieved 2926: 2916: 2881: 2877: 2867: 2752: 2725: 2721: 2686: 2682: 2652:(1): 15–32. 2649: 2645: 2620: 2597: 2577: 2571: 2546: 2540: 2511: 2505: 2480: 2474: 2453: 2447: 2436:Publications 2430: 2407: 2389: 2383: 2378: 2369:Arnold Plant 2366: 2362: 2354: 2350: 2334: 2278: 2268: 2264: 2259: 2255: 2250: 2246: 2239: 2219: 2215: 2207: 2194: 2192: 2171: 2145: 2141: 2127: 2123: 2116: 2100: 2093: 2089: 2081: 2058: 2052: 2046: 2044: 2042:in Chicago. 2036: 2032: 2005: 1974:Frank Knight 1966:Arnold Plant 1959: 1957:in 1927–29. 1939:telegraphist 1932: 1929:Ronald Coase 1879:Price Theory 1872: 1658:Free markets 1619:Deregulation 1584:expectations 1556:Laffer curve 1535: 1430: 1322:of economics 1138:Wage slavery 1078:Evergreening 1004: 789:Mercantilism 736:Neoclassical 564:Mercantilist 541: 474:Rent seeking 439:Visible hand 266: 265: 227:Analysis of 82:(2013-09-02) 36:Ronald Coase 29: 7065:2013 deaths 7060:1910 births 6906:Das Kapital 6793:progressive 6783:inheritance 6706:Land reform 6480:real estate 6455:Land tenure 6443:Inheritance 6371:anticommons 6307:Law of rent 6287:Game theory 6217:Information 6197:Common land 6094:Cooperative 5916:Erwin Neher 5834:Nobel Prize 5686:Oliver Hart 5670:Jean Tirole 5467:Amartya Sen 5303:James Tobin 5095:Eugene Fama 5054:Robert Bork 4928:Gary Becker 4814:Jacob Viner 4657:Satisficing 4368:Ariel Kalil 4263:Nava Ashraf 4210:Avner Greif 4017:Joe S. Bain 3687:22 December 3405:3 September 3281:3 September 3255:7 September 3006:9 September 2977:25 December 2483:(1): 1–44. 2373:Abba Lerner 2341:monopolists 2203:Social Cost 2175:A. C. Pigou 1978:Jacob Viner 1526:Game theory 1221:Objectivism 1206:Libertarian 1123:Speculation 1043:Consumerism 877:Progressive 816:Development 799:Physiocracy 746:Supply-side 554:Libertarian 532:Free-market 512:Anglo-Saxon 494:Wage labour 449:Marginalism 419:Free market 374:Corporation 251:Information 178:Institution 7054:Categories 7037:by country 6999:Adam Smith 6886:John Locke 6550:indigenous 6545:aboriginal 6465:alienation 6160:indigenous 6150:Intangible 6064:Collective 5858:Literature 5755:David Card 5710:Paul Romer 4834:Monetarism 4343:Uri Gneezy 4328:Armin Falk 4313:Paul Dolan 4258:Dan Ariely 3766:2008009151 3271:"Trustees" 2940:21 January 2859:References 2632:0226111032 2609:0226111016 2357:regulation 2312:allocation 2096:Adam Smith 1875:Adam Smith 1733:Tax reform 1663:Free trade 1648:Fiat money 1402:Monetarism 1201:Liberalism 1186:Humanistic 1171:Democratic 1150:Ideologies 985:Schumpeter 731:Monetarist 662:Chartalism 609:Regulatory 584:Neoliberal 537:Humanistic 320:Capitalism 154:9 children 61:1910-12-29 6900:Karl Marx 6701:Land Back 6652:Enclosure 6635:biopiracy 6573:Bergregal 6555:squatting 6329:Ownership 6243:Commodity 6222:Knowledge 6133:By nature 6089:Customary 6079:Community 5924:(Germany) 5918:(Germany) 5843:Chemistry 5836:laureates 5246:1976–2000 5163:1969–1975 5152:Laureates 4448:Uwe Sunde 4268:Ofer Azar 3869:from the 3774:750831024 3645:153402423 3595:146511123 3206:153525815 2972:0099-9660 2935:0017-8012 2742:154727631 2713:154100464 2691:CiteSeerX 2674:154712364 2563:153715526 2528:155011558 2497:222331226 2449:Economica 2022:in 1991. 1943:leg-irons 1935:Willesden 1921:Biography 1461:Lucas Jr. 1330:Movements 1241:Third Way 1231:Privatism 1191:Inclusive 1176:Dirigisme 970:von Mises 857:Illiberal 837:Corporate 832:Community 779:Feudalism 689:Keynesian 679:Classical 522:Corporate 334:Austerity 304:in 1991. 206:tradition 104:Education 99:, Chicago 69:Willesden 7027:Property 6920:The Gift 6819:key work 6814:Scholars 6798:property 6755:spousal 6721:Poaching 6657:Eviction 6601:riparian 6562:Littoral 6470:easement 6448:executor 6419:literary 6344:usufruct 6292:Georgism 6172:Tangible 6167:Personal 6074:Communal 6057:By owner 6050:Property 5901:(France) 4797:Founders 3697:cite web 3230:17 March 2908:24153291 2774:See also 1728:Tax cuts 1484:Theories 1068:Cronyism 980:Rothbard 955:Marshall 940:Friedman 872:Merchant 827:Consumer 822:Advanced 657:Austrian 652:American 579:National 574:Monopoly 527:Dirigist 429:Investor 339:Business 328:Concepts 312:a series 310:Part of 6835:The Law 6741:Slavery 6567:Mineral 6535:Hunting 6528:pannage 6523:Grazing 6508:Fishing 6394:Acequia 6361:Rivalry 6349:women's 6207:Digital 6189:Commons 6124:Unowned 6099:Private 5893:Physics 5886:(Burma) 5154:of the 3921:Awards 3911:at the 3902:at the 3863:, 2010. 3823:. 2008. 3728:(ed.). 3129:16 July 3089:16 July 3046:16 July 2886:Bibcode 2586:2117340 1893:; and " 1547:finance 1471:Stigler 1466:Schultz 1391:Beliefs 1196:Liberal 1156:Anarcho 1093:History 925:Malthus 920:Ricardo 882:Rentier 867:Marxist 847:Finance 758:Origins 726:Marxist 674:Chicago 634:Welfare 594:Private 549:Liberal 369:Company 354:Capital 152:​ 144:​ 140:​ 6716:Piracy 6668:Farhud 6496:Rights 6437:Huerta 6409:Estate 6231:Theory 6212:Global 6114:Social 6104:Public 6069:Common 5788:2023: 5704:2018: 5696:2017: 5684:2016: 5676:2015: 5668:2014: 5652:2013: 5640:2012: 5628:2011: 5612:2010: 5600:2009: 5592:2008: 5576:2007: 5568:2006: 5556:2005: 5544:2004: 5532:2003: 5520:2002: 5504:2001: 5481:2000: 5473:1999: 5465:1998: 5453:1997: 5441:1996: 5433:1995: 5417:1994: 5405:1993: 5397:1992: 5389:1991: 5373:1990: 5365:1989: 5357:1988: 5349:1987: 5341:1986: 5333:1985: 5325:1984: 5317:1983: 5309:1982: 5301:1981: 5293:1980: 5281:1979: 5273:1978: 5261:1977: 5253:1976: 5230:1975: 5218:1974: 5210:1973: 5198:1972: 5190:1971: 5182:1970: 5170:1969: 3887:, 2013 3844:Reason 3772:  3764:  3754:  3643:  3637:725475 3635:  3593:  3587:724523 3585:  3529:  3502:  3446:Forbes 3204:  3198:725189 3196:  3120:  3080:  3037:  2970:  2933:  2906:  2878:Nature 2761:  2740:  2711:  2693:  2672:  2664:  2629:  2606:  2584:  2561:  2526:  2495:  2054:Forbes 1953:as an 1580:choice 1456:Knight 1441:Sowell 1426:Becker 1419:People 995:Weaver 990:Veblen 965:Walras 960:Pareto 950:Keynes 852:Global 619:Social 589:Nordic 559:Market 469:Profit 245:(1991) 239:Awards 132:Spouse 6805:Theft 6591:Water 6485:title 6414:legal 6402:Ejido 6140:Croft 6119:State 6084:Crown 5983:1991 5878:Peace 5832:1991 3948:1991 3724:. In 3641:S2CID 3633:JSTOR 3591:S2CID 3583:JSTOR 3426:Slate 3202:S2CID 3194:JSTOR 2738:S2CID 2728:(1). 2709:S2CID 2670:S2CID 2662:JSTOR 2582:JSTOR 2559:S2CID 2524:S2CID 2493:S2CID 2048:Slate 2010:with 1891:firms 1602:Ideas 1551:trade 1436:Fogel 1431:Coase 1005:Coase 1000:Weber 945:Hayek 910:Smith 842:Crony 704:Post- 624:State 614:Rhine 569:Mixed 489:Value 454:Money 168:Field 146:( 142: 6788:poll 6771:wage 6540:Land 6424:real 6177:real 6109:Self 6008:1996 6003:1995 5998:1994 5993:1993 5988:1992 5978:1990 5973:1989 5968:1988 5963:1987 5958:1986 5862:1991 5770:2022 5751:2021 5736:2020 5717:2019 3770:OCLC 3762:LCCN 3752:ISBN 3736:Sage 3703:link 3689:2023 3527:ISBN 3500:ISBN 3407:2013 3283:2013 3257:2019 3232:2011 3131:2023 3118:ISBN 3091:2023 3078:ISBN 3048:2023 3035:ISBN 3008:2018 2979:2019 2968:ISSN 2942:2022 2931:ISSN 2904:PMID 2759:ISBN 2627:ISBN 2604:ISBN 2186:and 1976:and 975:Rand 935:Marx 915:Mill 862:Late 694:Neo- 112:BCom 77:Died 51:Born 6778:Tax 6503:Air 3744:doi 3625:doi 3575:doi 3186:doi 3114:447 3074:406 3031:891 2894:doi 2882:502 2730:doi 2701:doi 2654:doi 2551:doi 2516:doi 2485:doi 2458:doi 2279:In 1531:GDP 1496:CPI 1211:Neo 1181:Eco 930:Say 699:New 667:MMT 599:Raw 253:at 125:DSc 7056:: 5780:/ 5776:/ 5772:: 5761:/ 5757:/ 5753:: 5742:/ 5738:: 5727:/ 5723:/ 5719:: 5708:/ 5688:/ 5660:/ 5656:/ 5644:/ 5632:/ 5620:/ 5616:/ 5604:/ 5584:/ 5580:/ 5560:/ 5548:/ 5536:/ 5524:/ 5512:/ 5508:/ 5485:/ 5457:/ 5445:/ 5425:/ 5421:/ 5409:/ 5381:/ 5377:/ 5285:/ 5265:/ 5234:/ 5222:/ 5202:/ 5174:/ 3883:, 3815:. 3768:. 3760:. 3750:. 3738:; 3699:}} 3695:{{ 3680:. 3661:. 3639:. 3631:. 3621:36 3619:. 3603:^ 3589:. 3581:. 3571:25 3569:. 3553:^ 3464:. 3443:. 3424:. 3393:. 3374:. 3339:. 3321:. 3299:. 3248:. 3200:. 3192:. 3182:26 3180:. 3143:^ 3116:. 3076:. 3056:^ 3033:. 2999:. 2987:^ 2966:. 2962:. 2950:^ 2929:. 2925:. 2902:. 2892:. 2880:. 2876:. 2736:. 2724:. 2707:. 2699:. 2687:15 2685:. 2668:. 2660:. 2650:43 2648:. 2644:. 2578:82 2576:. 2557:. 2547:17 2545:. 2539:. 2522:. 2512:15 2510:. 2491:. 2479:. 2473:. 2452:. 2446:. 2296:oʊ 1917:. 1631:, 1582:, 1578:, 1549:, 1545:, 314:on 282:oʊ 148:m. 6821:) 6817:( 6619:/ 6042:e 6035:t 6028:v 5864:) 5860:( 5825:e 5818:t 5811:v 5144:e 5137:t 5130:v 4782:e 4775:t 4768:v 3985:e 3978:t 3971:v 3776:. 3746:: 3705:) 3691:. 3647:. 3627:: 3597:. 3577:: 3535:. 3508:. 3468:. 3449:. 3428:. 3409:. 3378:. 3285:. 3259:. 3234:. 3208:. 3188:: 3154:. 3137:. 3093:. 3010:. 2981:. 2944:. 2910:. 2896:: 2888:: 2769:. 2767:. 2744:. 2732:: 2726:2 2715:. 2703:: 2656:: 2635:. 2612:. 2588:. 2565:. 2553:: 2530:. 2518:: 2499:. 2487:: 2481:3 2464:. 2460:: 2454:4 2302:/ 2299:s 2293:k 2290:ˈ 2287:/ 1862:e 1855:t 1848:v 1300:e 1293:t 1286:v 288:/ 285:s 279:k 276:ˈ 273:/ 269:( 127:) 123:( 114:) 110:( 63:) 59:( 20:)

Index

Ronald H. Coase

Willesden
Graceland Cemetery
London School of Economics
BCom
University of Chicago
University of London
DSc
Law and economics
University of Dundee
London School of Economics
University of Chicago
University of Virginia
University at Buffalo
New institutional economics
Chicago School of Economics
Coase theorem
transaction costs
Coase conjecture
Nobel Prize in Economics
Information
IDEAS / RePEc
/ˈks/
London School of Economics
University of Chicago Law School
Nobel Memorial Prize in Economic Sciences
a series
Capitalism
Austerity

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.