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- W1509934368 abstract "IN 1960, an expatriate English economist published an article titled The Problem of Social Cost.2 The crux of the argument is now universally known as the Coase Theorem by economists and legal scholars. Coase's article became the foundation of the modern and economics movement, and was one of the major contributions that won him the Nobel prize. The Coase Theorem also became a central target for critics who assailed the reductionism of economic theory and the imperialist designs of economists on other disciplines. In other words, if anyone has ever established a revolutionary new paradigm in legal scholarship, that person is Ronald Coase. And if there is anything that can be described as the canon of law and economics, the Coase Theorem is at the heart of it. The account in the preceding paragraph is a bit oversimplified but basically accurate. It is also somewhat ironic. For what be-" @default.
- W1509934368 created "2016-06-24" @default.
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- W1509934368 date "1997-03-01" @default.
- W1509934368 modified "2023-10-18" @default.
- W1509934368 title "Parody Lost/Pragmatism Regained: The Ironic History of the Coase Theorem" @default.
- W1509934368 doi "https://doi.org/10.2307/1073781" @default.
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