Monday, August 11, 2008

Economist Ronald Coase

I came across this great Economist ( a Nobel Laureate too) Ronald Coase, while reading Tim Harford's irrepressibly tongue-firmly-in-cheek replies !! He referred to Ronald Coase while mentioning property rights and transaction costs.

Coase is considered as one of the most unusual of economists, who wrote the fewest. One , on
"why firms exist ? " and another , " problems of social cost ". Articles on the gist of his writings, are here :


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