Essays on Economics and Economists

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University of Chicago Press, 1995 - Business & Economics - 222 pages
How do economists decide what questions to address and how to choose their theories? How do they tackle the problems of the economic system and give advice on public policy? With these broad questions, Nobel laureate R. H. Coase, widely recognized for his seminal work on transaction costs, reflects on some of the most fundamental concerns of economists over the past two centuries.

In fifteen essays, Coase evaluates the contributions of a number of outstanding figures, including Adam Smith, Alfred Marshall, Arnold Plant, Duncan Black, and George Stigler, as well as economists at the London School of Economics in the 1930s.

Ronald H. Coase was awarded the Nobel Prize in Economic Science in 1991.
 

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Essays on economics and economists

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This is a series of 15 essays written by the 1991 Nobel laureate in economics. Unlike most such collections, the essays are not primarily about Coase's work. The first half of the book contains essays ... Read full review

Contents

The Institutional Structure of Production
3
How Should Economists Choose?
15
Economics and Contiguous Disciplines
34
Economists and Public Policy
47
The Market for Goods and the Market for Ideas
64
The Wealth of Nations
75
Adam Smiths View of Man
95
ECONOMISTS
117
Alfred Marshalls Family and Ancestry
130
The Appointment of Pigou as Marshalls Successor
151
Marshall on Method
167
Arnold Plant
176
Duncan Black
185
George J Stigler
199
Economics at LSE in the 1930s A Personal View
208
Index
215

Alfred Marshalls Mother and Father
119

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About the author (1995)

Ronald H. Coase (1910 - 2013) was the Clifton R. Musser Professor Emeritus of Economics at the University of Chicago Law School. He was awarded the Nobel Prize in Economics in 1991. In 2003, Coase was the winner of The Economist Innovation Award in the category of "No Boundaries.

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