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Overview"Ronald Coase is one of the most important economists of the twentieth century. Amongst other great achievements, Coase taught us why firms exist and how we can better understand how to solve environmental problems. He also made a profound contribution to our understanding of the provision of so-called ""public goods"" and helped join the often distinct intellectual fields of law and economics. Coase coined the phrase ""blackboard economics"" to describe an approach to economics that involved ignoring what happens in practice and, instead, led the profession to obsess with theory. He once said: 'If economists wished to study the horse, they wouldn't go and look at horses. They'd sit in their studies and say to themselves, ""what would I do if I were a horse?""'There is much that students, teachers, policymakers and regulators can learn from the economics of Ronald Coase, and he will, no doubt, provide a rich seam of material for decades to come. The authors of this short book have taken up the challenge. They apply Coase's ideas to a number of different areas of economics and, in doing so, provide a practical and very readable introduction to a number of topics that have direct relevance for regulation and for public policy." Full Product DetailsAuthor: Cento G. VeljanovskiPublisher: Institute of Economic Affairs Imprint: Institute of Economic Affairs Volume: 3 ISBN: 9780255367103ISBN 10: 0255367104 Pages: 272 Publication Date: 03 November 2015 Audience: College/higher education , Postgraduate, Research & Scholarly Format: Paperback Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of Contents1. Introduction by Cento Veljanovski 2. The Economics of Ronald Coase by Cento Veljanovski 3. Ownership, governance and the Coasian firm by Martin Ricketts 4. Coase's contributions to the theory of industrial organisation and regulation by Alex Robson 5. Coase on property rights and the political economy of environmental protection by Mark Pennington 6. Coase and water by Nicola Tynan 7. The Coase research agenda: public goods, transaction costs and the role of collective action by Stephen Davies 8. Stock exchanges as lighthouses by Philip Booth 9. Coase and the 'sharing economy' by Michael MungerReviewsAuthor InformationDr Cento Veljanovski is Managing Partner of Case Associates, and IEA Fellow in Law & Economics. He was previously Research and Editorial Director at the Institute of Economic Affairs (1989-91), Lecturer in Law and Economics, University College London (1984-87), Research Fellow, Centre for Socio-Legal Studies, Oxford (1974-84), and has held academic positions at UK, North American and Australian universities. Tab Content 6Author Website:Countries AvailableAll regions |
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