Ronald Coase
Ronald Coase
Ronald Harry Coasewas a British economist and author. He was for much of his life the Clifton R. Musser Professor Emeritus of Economics at the University of Chicago Law School, where he arrived in 1964 and remained for the rest of his life. After studying with the University of London External Programme in 1927–29, Coase entered the London School of Economics, where he took courses with Arnold Plant. He received the Nobel Prize in Economics in 1991...
NationalityBritish
ProfessionEconomist
Date of Birth29 December 1910
business classroom currently economics less presented taught textbooks
Economics as currently presented in textbooks and taught in the classroom does not have much to do with business management, and still less with entrepreneurship.
You wouldn't think there was a need for a Coase Theorem, really.
I've been wrong so often, I don't find it extraordinary at all.
people
People have used my views for purposes which are very different from mine.
I'm no enthusiast for the Coase Theorem. I don't like it, but it's widely used.
art commonly despite efforts existing given paintings time
Despite all the efforts of art dealers, the number of Rembrandts existing at a given time is limited; yet such paintings are commonly disposed of by auction.