The Coasian Cult
Contrary to Milton Friedman’s dogmatic ruminations about “positive economics,” the Coase Theorem was accepted by the entire Unive
Contrary to Milton Friedman’s dogmatic ruminations about “positive economics,” the Coase Theorem was accepted by the entire Unive
[To complement Robert Murphy’s post today on e
To complement George Reisman’s article yesterday:
Thanks to Felix Salmon for quoti