Product Description

How do economists decide what questions to address and how to choose their theories? How do they tackle the problems of the economic system and give advice on public policy? With these questions, Nobel laureate R.H. Coase reflects on some of the most fundamental concerns of economists over the past two centuries. In 15 essays, he evaluates the contributions of a number of figures, including Adam Smith, Alfred Marshall, Arnold Plant, Duncan Black, and George Stigler, as well as economists at the London School of Economics in the 1930s.

Product Details

• Amazon Sales Rank: #459051 in Books
• Published on: 1995-09-14
• Original language: English
• Number of items: 1
• Binding: Paperback
• 231 pages

Customer Reviews

A must read for anyone interested in economics
This book is a collection of eassys by Coase. Begin with his Alfred Nobel Memorial Prize lecture, the first five essays express Coase's view on the practice of economics and how economist should go about their business. The remaining 10 essays are about economist, from Adam Smith to Goerge Stigler. Few economists, dead or alive, know more about the economic system than Coase does. These essays give you an introduction to the great mind of this great economist as well as an unconventional, yet more sensible than conventional, view of the economic system. A must read.