Nobel laureate Ronald H. Coase (1910-2013) was recorded in 2001 in an extended video now available to the public. Coase’s articles, “The Problem of Social Cost” and “The Nature of the Firm” are among the most important and most often cited works in the whole of economic literature. Coase recounts how he tried to encourage “economists and lawyers to write about the way in which actual markets operate, and about how governments actually perform in regulating or undertaking economic activities.”
5 фев 2023
