Essays on Economics and EconomistsReflections on two centuries of economic history from a Nobel Prize winner in the field: “An accessible collection by a renowned economist.”—Library Journal 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. “Are you looking for a book by an economist who can really write and has insight after insight on free markets vs. government regulation? Would you like it even better if you could get some good laughs from his clever way of putting things? Then Ronald H. Coase’s Essays on Economics and Economists is the book for you.”—Reason |
Contents
TWO How Should Economists Choose? | |
THREE Economics and Contiguous Disciplines | |
FOUR Economists and Public Policy | |
FIVE The Market for Goods and the Market for Ideas | |
SIX The Wealth of Nations | |
SEVEN Adam Smiths View of | |
ECONOMISTS | |
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actions activities Adam Smith Alfred Marshall Alfred’s American Arnold Plant behaviour believe benevolence Bentall British Cambridge Cannan Clapham committee competition course Darling Downs discipline discussion doubt Duncan Black economic analysis economic system economic theory economists Edwin Cannan election Essays explain fact father feel firm Foxwell Foxwell's George Stigler Glasgow government regulation Guillebaud Hayek human Ibid important industry influence interest J. N. Keynes John Maynard Keynes Journal of Law Keynes Memoir file Keynes’s labour Law and Economics lectures Letter from Alfred Lionel Robbins London market for ideas Marshall's Mary Marshall mathematics Moral Sentiments nature organisation perhaps Pigou Plant Political Economy position Press problems produce published question reason reprinted result Robbins says School of Economics seems self-interest social sciences Theory of Moral thought transaction costs Uncle Charles University of Chicago Viner Warren Nutter Wealth of Nations William Marshall writing