Titlebook: Ronald H. Coase; Steven G. Medema Book 1994 Palgrave Macmillan, a division of Macmillan Publishers Limited 1994 accounting.economics.found

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The Problem of Social Cost, theorem’. The Coase theorem, and the ideas embodied therein, have captured the imagination of economists as have few other ideas. Indeed, Robert Cooter (1987, p.457) has remarked that ‘Anyone who has taught the Coase Theorem to fresh minds has experienced first hand the wonder and admiration which

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,Coase’s View of Economics,s had enormous influence within the field of economics. Yet, in 1988, Coase writes that ‘My point of view has not in general commanded assent, nor has my argument, for the most part, been understood’ (Coase, 1988e, p. 1). The reason for this, he asserts, is that ‘most economists have a different way

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The Place of Ronald Coase in the History of Economic Thought, discipline and affects how non-specialists come to view the world of economic reality.’ Through his career’s work, and especially through his writing in ‘The Nature of the Firm’ and ‘The Problem of Social Cost’, Coase has had such an influence, and in the process has secured a permanent place in th

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Book 1994is ideas have been subject to a variety of usage, often in conjunction with ideological baggage. In this remarkable study of the man and his work, Steven Medema presents a careful, judicious, and nonideological examination of Coase‘s ideas, challenging their misleading common interpretation and reve

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Palgrave Macmillan, a division of Macmillan Publishers Limited 1994

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Ronald H. Coase978-1-349-12486-2Series ISSN 2946-8353 Series E-ISSN 2946-8361

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