The Journal of Libertarian Studies
Undermining Property Rights: Coase and Becker
“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 there were no transaction costs.
Volume 16, Number 4 (2002)
Cite This Article
North, Gary. "Undermining Property Rights: Coase and Becker." Journal of Libertarian Studies 16, No. 4 (2002): 75–100.