Sep. 4th, 2013

danieldwilliam: (economics)
Ronald 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.

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danieldwilliam

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