Ronald Coase, the Nobel Prize-winning economist famous for his eponymous theorem and his explanation of why firms are formed in the market, passed away on Monday at the age of 102. Coase’s scholarship ...

Ronald Coase, winner of the 1991 Nobel Memorial Prize in Economics, died in September at age 102. Thomas Hazlett interviewed Coase in our January 1997 issue. In the introduction, Hazlett explained ...

Update, Sept. 4: We added the audio for David Kestenbaum's radio obituary of Ronald Coase. If you created the world as a simple economic thought experiment, companies wouldn't exist. Instead, ...

Ronald H. Coase was one of the most interesting and influential economists of his century. He was born in 1910 in a suburb of London and recently passed away at the age of 102 in Chicago, close to the ...

The externalities theory is littered not only with indefinable and unmeasurable terms but by trivial (and often defective) “insights”. Take the Coase theorem. Ronald Coase himself did not name it, it ...

It was bloodless boxing, and even sparring with ideas instead of jabs, the free-market apostles of the University of Chicago didn’t pull punches. Ronald Coase, the soft-spoken challenger taking on 20 ...