Archive for 29 December 2006
96K on the 96th: Happy Birthday, Ronald Coase
| Peter Klein |
Ronald Coase turns 96 today. In honor of his birthday, the Contracting and Organizations Research Institute (CORI), whose mission and programs grow out of Coase’s work, announces the addition of the 96,000th contract to its online, full-text searchable database of contracts. Writes Director Michael Sykuta:
December 29, 2006, marks the 96th birthday of Professor Ronald Coase, the Nobel Prize winning economist whose pathbreaking work on transaction costs and property rights continues to inspire CORI’s vision and programs. Professor Coase has been more than just a intellectual inspiration for CORI, having supported CORI’s early development with contributions of his time and resources and having served on the Academic Advisory Board.
December 29, 2006, also marks the day the CORI K-Base reached 96,000 contracts, an appropriate milestone on this important day in the history of economic thought and the history of CORI. And we’re not finished growing! In fact, we’re just getting started on a new phase of expansion to make the CORI K-Base an even more valuable resource to reduce the transaction costs of doing research on the economic system and of doing the business of contracting.
Institutions and Avner Greif
| Peter Klein |
Avner Greif is one of the leading contributors to the “institutional environment” branch of the New Institutional Economics. His work on the emergence of long-distance trade in the medieval Mediterranean world changed the way many social scientists think about reputation, trust, and the role of decentralized, non-state institutions in supporting commercial activity.
The January 2007 issue of Reason features a review essay of Greif’s recent book, Institutions and the Path to the Modern Economy (Cambridge, 2006). The review provides a solid, non-technical overview of Greif’s work. (more…)
Organizations and Markets 
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