The Journal of Libertarian Studies

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Undermining Property Rights: Coase and Becker

Free MarketsMonetary Theory

07/30/2014The Journal of Libertarian Studies
“Coase, get your cattle off my land.” –Walter Block In one sentence, Walter Block called into question Ron Coase’s central conclusion in his now-famous theorem, namely, that the original distribution of ownership would not affect the allocation of scarce resources in a free market, if...
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