Nobel laureate Ronald Coase launching new journal

[bobcat2]

Economics Nobel laureate Ronald Coase is currently in discussion with university publishers about launching a new economics journal. The tentative title of the new journal is Man and the Economy. Earlier this year Coase co-authored the book, How China Became Capitalist. Coase's Nobel prize mainly rests on the basis of two famous papers he authored - The Nature of the Firm (1937), and The Problem of Social Cost (1960).

Today, December 29, Ronald Coase celebrates his 102nd birthday. So here's wishing Professor Coase a very happy birthday and also thanking him for giving the rest of us hope that we too can live not just long lives, but long productive lives.


BobK

[wbern]

Amen to that!

Coase's greatest accomplishment, IMO, was being the only human known to get Milton Friedman to admit he was wrong about something (the regulation/social cost issue).

Bill