danieldwilliam: (economics)
[personal profile] danieldwilliam
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.

Date: 2013-09-06 04:42 pm (UTC)
From: [identity profile] rhythmaning.livejournal.com
I hadn't heard that. Not someone I've read, but maybe I should.

I can't wondering how the Economist will cover the large number of deaths in the last couple of weeks, since they only cover one obituary each week. (Or, rarely, they concatenate two deaths.)

Date: 2013-09-07 11:02 am (UTC)
From: [identity profile] rhythmaning.livejournal.com
The Economist.

Here and here.

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