Essays on Economics and Economists

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  • Reflections
  • on
  • two
  • centuries
  • of
  • economic
  • history
  • from
  • a
  • Nobel
  • Prize
  • winner
  • in
  • the
  • field:
  • “An
  • accessible
  • collection
  • by
  • a
  • renowned
  • economist.”—Library
  • JournalHow
  • 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
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