What made Ronald Coase (1920-2013) one of the greatest and most influential economists of the past century? One factor was his persistent focus on understanding real-world institutions at a time when many of his peers were increasingly drawn to abstract theory for its own sake.
Ronald Coase
An Appreciation
By John V. C. Nye
This
article
appeared in
the Summer 2014 issue of The Independent Review.
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(8 pages)
| Other Independent Review articles by John V. C. Nye | |
| Summer 2016 | Douglass C. North:The Restless Innovator |
| Summer 2008 | From the Corn Laws to Free Trade:Interests, Ideas, and Institutions in Historical Perspective |
| Spring 1997 | Democracy and International Trade:Britain, France, and the United States, 1860–1990 |
