Happy Birthday, Ronald!

28 December 2009 at 2:36 pm Leave a comment

| Peter Klein |

Happy Birthday to Ronald Coase, 99 years young today. Live long and prosper!

Favorite under-appreciated Coase essay of the day: “Business Organization and the Accountant.”

Update: Oops, Mike Sykuta tells me that the birthday is actually tomorrow, 29 December. (I blame the Coase Institute, which sent out a Facebook message on 28 December saying “Congratulations to Ronald Coase on his 99th birthday today, December 29.” I didn’t catch the goof.)

Update II: A friend asks why new institutional economists live so long. I suggested a keen appreciation of comparative institutional analysis, reflected in a version of the old adage, “Getting old isn’t so bad, once you consider the feasible alternative.”

Entry filed under: New Institutional Economics, People, Theory of the Firm.

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