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On Ronald Coase
Sep. 4th, 2013 04:44 pmRonald Coase has died. He was 102 and one of my favourite economists. I shall look forward to re-reading some of his work as a memorial.
His article, The Nature of the Firm is probably one of the most influential on my economic thinking and I find myself coming back to the concept of transaction costs often.
His article, The Nature of the Firm is probably one of the most influential on my economic thinking and I find myself coming back to the concept of transaction costs often.
