Product Description

Few other economists have been read and cited as much as R.H. Coase, a scholar who approached economics as a philosopher: with contemplation, careful scrutiny of real conditions and consideration of the practical implications of theory. "These essays bear rereading. Coase's careful attention to actual institutions not only offers deep insight into economics but also provides the best argument for Coase's methodological position. The clarity of the exposition and the elegance of the style also make them a pleasure to read and a model worthy of emulation."--Lewis A. Kornhauser, Journal of Economic Literature

Product Details

• Amazon Sales Rank: #72223 in Books
• Published on: 1990-02-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 217 pages

Customer Reviews

Best book on Coase Theorem and transaction cost
Unlike other Nobel Prize winners, Coase's original papers, reprinted in this book, actually are the best sources to explain his own theory. Anyone seeking to understand the "Chicago School" of economics should read this book. To readers more familiar with the modern, more linear, writing style, however, Coase may appear to be a bit rambling at times.

Coase & internet, changes the view of economics
I've just read his chapter "The Nature of the Firm" where this has leaded to more investigation on the anomalies that Coase is able to show.