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Essays on Economics and Economists

How do economists decide what questions to address and how to choose their theories? How do they tackle the problems of the economic system and give advice on public policy? With these broad questions, Nobel laureate R. H. Coase, widely recognized for his seminal work on transaction costs, reflects on some of the most fundamental concerns of economists over the past two centuries.

In fifteen essays, Coase evaluates the contributions of a number of outstanding figures, including Adam Smith, Alfred Marshall, Arnold Plant, Duncan Black, and George Stigler, as well as economists at the London School of Economics in the 1930s.

Ronald H. Coase was awarded the Nobel Prize in Economic Science in 1991.

231 pages | 5-1/4 x 8-1/2 | © 1994

Economics and Business: Economics--History

Table of Contents

1: The Institutional Structure of Production
2: How Should Economists Choose?
3: Economics and Contiguous Disciplines
4: Economists and Public Policy
5: The Market for Goods and the Market for Ideas
6: The Wealth of Nations
7: Adam Smith’s View of Man
8: Alfred Marshall’s Mother and Father
9: Alfred Marshall’s Family and Ancestry
10: The Appointment of Pigou as Marshall’s Successor
11: Marshall on Method
12: Arnold Plant
13: Duncan Black
14: George J. Stigler
15: Economics at LSE in the 1930s: A Personal View

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