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Ryan Bourne
16 December 2015
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If markets are so great, why do firms exist at all? To a non-economist, that might seem like a bizarre thing to ask. Yet the growth of the misleadingly named “sharing economy” is making...
Steve Davies
14 December 2015
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Many think that the work of academic economists has little or no relevance to real world problems. Yet the insights of economics can show us how to resolve problems that otherwise seem intractable. A...
Len Shackleton
18 November 2015
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Nobel-Prize-winning economist Ronald Coase died in 2013 at the grand age of 102. The two contributions for which he is best-remembered – his 1937 analysis of the significance of transactions...
Mark Littlewood
5 September 2013
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Ronald Coase, who has died aged 102, won the Nobel prize for economic sciences in 1991 for his work in discovering and clarifying the importance of transaction costs in the functioning of the economy...
Steve Davies
3 July 2012
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  In the late 1960s and early 1970s, at the height of the Cultural Revolution unleashed by Mao Tse Tung against his opponents in the Communist Party, China was the Mecca for a whole...
Mark Pennington
7 March 2011
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Ronald Coase is one of my favourite living economists (he is now 100 years old). His work on the significance of transactions costs and dealing with problems that these costs raise is fundamental...