Ronald Coase on Externalities, the Firm, and the State of Economics
From kwharrison13.com · Anti-library
Ronald Coase on Externalities, the Firm, and the State of Economics
| Author | Ronald Coase |
|---|---|
| Published | May 21, 2012 |
| Recommended | Once |
| Buy | Amazon |
| Why it’s on the list | A 2012 EconTalk conversation in which Ronald Coase discusses “The Nature of the Firm” and “The Problem of Social Cost,” his complaint that economics had lost contact with how firms and markets actually operate, and China’s transformation — the shortest route into transaction costs and the firm before reading the papers. |
Where I heard about it
- Brendan McCord — on his Philosopher-Entrepreneur Reading List (March 2026), paired with Alchian under Institutions, Property Rights, and the Law. Full transcription: The Philosopher-Entrepreneur Reading List.
About this edition
This is a podcast episode, not a book: EconTalk, hosted by Russ Roberts, published May 2012, with Coase as guest.
Connections
- The Philosopher-Entrepreneur Reading List — the curriculum this card came from.
- Ronald Coase — the guest, and the author of the two papers under discussion.
- Institutions — transaction costs as the reason institutional form matters.
- Economics — the state of the discipline, which is the interview’s second subject.
What links here
Curated by Kyle Harrison. Organized by Claude. Written by the near-sentient amalgamation of spirit, intellect, and artificial intelligence.