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Ronald Coase

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Journal Article
History of Political Economy (2015) 47 (3): 481–510.
Published: 01 September 2015
...Elodie Bertrand One of Ronald Coase's insights was to extend the economic theory of choice to include the policy choice among institutional arrangements, which had to be analyzed with the same framework as the producer's choice. Both choices, he argued, are amenable to an opportunity-cost approach...
Journal Article
History of Political Economy (2012) 44 (2): 331–339.
Published: 01 June 2012
...Stephen Littlechild Ronald Coase posed the question, Did Alfred Marshall know where he was born? Coase conjectured that Marshall's changing place of birth as reported in the 1881 and 1891 censuses was due to his vagueness in giving information about it to his wife. This article examines...
Journal Article
History of Political Economy (2020) 52 (1): 135–170.
Published: 01 February 2020
...Steven G. Medema The notion of a Pigovian tradition in externality theory, against which Ronald Coase and others reacted beginning in the 1960s, has a long history. This article, though, suggests that the literature of economics evidences no such tradition, and that the discussion of externalities...
Journal Article
History of Political Economy (2020) 52 (2): 239–273.
Published: 01 April 2020
...Megan Stevens; Alun Stevens Professor Ronald H. Coase included his essays on Alfred Marshall in his book, Essays on Economics and Economists . Because of Coase’s standing as a Nobel laureate and professor of economics at the University of Chicago, these essays have been relied on by scholars...
Journal Article
History of Political Economy (1998) 30 (4): 601–625.
Published: 01 November 1998
...) and Ronald H. Coase’s “Problem of Social Cost” (1960). Two traditions, the Pigouvian and the Coasean, have sprung from these works, each with very different implications for theory and policy. The first views externalities as a case of market failure which can be reme- died, at least to some extent...
Journal Article
History of Political Economy (2012) 44 (3): 389–411.
Published: 01 September 2012
... of Michigan Press . Coase Ronald H. 1975 . “ Marshall on Method .” Journal of Law and Economics 18 : 25 – 31 . Cohen W. J. 1960 . “ Edwin E. Witte (1887–1960): Father of Social Security .” Industrial and Labor Relations Review 14 : 7 – 9 . Medema Steven G. 1996...
Journal Article
History of Political Economy (2003) 35 (4): 791–793.
Published: 01 November 2003
...Laurence S. Moss By Warren J. Samuels. Cheltenham, U.K.: Edward Elgar, 2002. 199 pp.$80.00. 2003 Coase, Ronald. 1960 . The Problem of Social Cost. Journal of Law and Economics 3 (October): 1 -44. Pigou, A. C. [1920] 1950 . The Economics of Welfare . London: Macmillan...
Journal Article
History of Political Economy (1998) 30 (Supplement): 202–224.
Published: 01 December 1998
... . Some Thoughts on Risk Distribution and the Law of Torts. Yale Law Journal 70 ( March ): 499 -553. Clark , John Bates 1894 . The Modern Appeal to Legal Forces in Economic Life. American Economic Association Publications 9 . Coase , Ronald H 1959 . The Federal Communications...
Journal Article
History of Political Economy (1990) 22 (2): 408–409.
Published: 01 June 1990
... the theorem of Ronald Coase and the economics imperialism of Gary Becker; taking on Gardiner Means and administered pric- ing and challenging all notions that the economy is monopolistic; helping create theories of information as a commodity and of government regulation as subject...
Journal Article
History of Political Economy (2007) 39 (2): 185–207.
Published: 01 June 2007
... Trade: A Historical Perspective . Cheltenham, U.K.: Edward Elgar. Mas-Colell, A., M. D. Whinston, and J. R. Green. 1995 . Microeconomic Theory . New York: Oxford University Press. Medema, S. G., ed. 1995 . Introduction. In The Legacy of Ronald Coase in Economic Analysis , ix -xix. Aldershot...
Journal Article
History of Political Economy (2015) 47 (1): 203–205.
Published: 01 March 2015
... to eco- nomic theory was maintained well into the twentieth century. I commend Maas for recognizing the thought-experiment nature of Malthus’s original construction of the principle of population. However, I am surprised that Ronald Coase is missing from this chapter—Maas’s commentary on Coase’s...
Journal Article
History of Political Economy (2021) 53 (5): 951–954.
Published: 01 October 2021
..., the composition of the members of the school is also addressed: Peart and Levy insist, notably, to include Ronald Coase as a prominent contributor, alongside Vining, Buchanan, Warren Nutter, and Gordon Tullock. To reconstruct the main characteristics of Virginia political economy, Peart and Levy divided most...
Journal Article
History of Political Economy (1984) 16 (4): 519–527.
Published: 01 November 1984
...Ronald H. Coase Copyright © 1984 by Duke University Press 1984 The Law School, University of Chicago, 1111 East 60th St., Chicago IL 60637. History of Political Economy I6:4 0 1984 by Duke University Press...
Journal Article
History of Political Economy (2013) 45 (4): 613–622.
Published: 01 November 2013
....” As Lerner suggests, and as Hitch and Domar both agree, I argue that the paper contains important value as a think piece. With its publication, Lerner’s paper can profitably be read with Ronald Coase’s (1937) almost contemporary observations on the alterna- tive coordination provided to economic...
Journal Article
History of Political Economy (1997) 29 (suppl_1): 122–142.
Published: 01 January 1997
... antitrust and the work of the Institutionalist remnant kept the flame alive to some degree. The early 1960s witnessed the publication of two articles that served to simultaneously resurrect and transform legal-economic analysis— Ronald Coase’s “The Problem of Social Cost” (1960...
Journal Article
History of Political Economy (1997) 29 (suppl_1): 91–121.
Published: 01 January 1997
... was a replication of this Platonist ideal defined as natural law. This perspective is also congenial to Pigouvian welfare theory, which was used as the reference base by Ronald Coase in his article “The Problem of Social Cost” (1960). This article was the “eye of the storm” of controversy...
Journal Article
History of Political Economy (2018) 50 (4): 735–775.
Published: 01 December 2018
... .” In Van Horn, Mirowski, and Stapleford 2011 , 301 – 34 . Coase Ronald H. 1998 . “ Aaron Director .” In The New Palgrave Dictionary of Economics and the Law , edited by Newman Peter , 138 – 42 . New York : Stockton Press . Coats A. W. 1982 . “ The Distinctive LSE Ethos...
Journal Article
History of Political Economy (1992) 24 (1): 267–268.
Published: 01 March 1992
...- 1890 period. The treatment is heavily dependent on Maynard Keynes’s mag- nificent-but now somewhat outmoded-memoir; for instance, Ronald Coase’s revisionist research on Marshall’s ancestry is unaccountably ignored. This first group of short chapters is a readable introduction and review...
Journal Article
History of Political Economy 181–186.
Published: 10 November 2021
... and therefore the ultimate unit of economic investigation, this was the distinction that he made. Ronald Coase did not define a unit of analysis, but the same distinction was undoubtedly in his mind when he observed that factors of production, often characterized as physical entities, were more appropriately...
Journal Article
History of Political Economy (2011) 43 (1): 225–246.
Published: 01 March 2011
... Jefferson Center included Buch- anan, Nutter, Rutledge Vining, Ronald Coase, Andrew Whinston, and Gordon Tullock—with Tullock having come to the center as a postdoctoral fellow at the center’s inception and returning on a permanent basis in 1962. The research focus of the center’s faculty...