These essays consider the key contributions of Nobel Prize-winning economist Ronald Coase, who showed that the size and structure of firms, and the location of the border between internal exchange within the firm and external exchange through markets, are systematically related to the costs of transactions.
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Dr Cento Veljanovski is Managing Partner of Case Associates, and IEA Fellow in Law & Economics. He was previously Research and Editorial Director at the Institute of Economic Affairs (1989-91), Lecturer in Law and Economics, University College London (1984-87), Research Fellow, Centre for Socio-Legal Studies, Oxford (1974-84), and has held academic positions at UK, North American and Australian universities.
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Paperback. Zustand: Very Good. Forever Contemporary: The Economics of Ronald Coase (Readings in Political Economy) This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. . Bestandsnummer des Verkäufers 7719-9780255367103
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Paperback. Zustand: New. Ronald Coase is one of the most important economists of the twentieth century. Amongst other great achievements, Coase taught us why firms exist and how we can better understand how to solve environmental problems. He also made a profound contribution to our understanding of the provision of so-called "public goods" and helped join the often distinct intellectual fields of law and economics. Coase coined the phrase "blackboard economics" to describe an approach to economics that involved ignoring what happens in practice and, instead, led the profession to obsess with theory. He once said: 'If economists wished to study the horse, they wouldn't go and look at horses. They'd sit in their studies and say to themselves, "what would I do if I were a horse?"'There is much that students, teachers, policymakers and regulators can learn from the economics of Ronald Coase, and he will, no doubt, provide a rich seam of material for decades to come. The authors of this short book have taken up the challenge.They apply Coase's ideas to a number of different areas of economics and, in doing so, provide a practical and very readable introduction to a number of topics that have direct relevance for regulation and for public policy. Bestandsnummer des Verkäufers LU-9780255367103
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