The Coase Theorem – neoclassical mumbo jumbo of non-existant worlds

1 Jan, 2013 at 19:03 | Posted in Economics | 4 Comments

 

4 Comments

  1. Thinks to this post, I have discovered this guy;s work. It is quite interesting.

  2. The irony.

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  4. […] waste their time on rather than learning how the economy really works. It truly is a bunch of “neo-classical mumbo-jumbo”. At the end of the discussion on the Coase Theorem my textbook (Perloff 2007:619) notes that: […]


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