Coase Brief Competition 2015 organized by OP Jindal Global University
O.P. Jindal Global University (JGU) is organizing Coase Brief Competition 2015 (CBC). CBC is the first of its kind, inter-disciplinary competition which aims to provide a platform for the participants to analyze and probe complex problems faced by ...
Reason For Big Government: The Firm
One of the reasons why Ronald Coase won a Nobel Prize was for answering the question, “Why do firms exist?” To find the answer, Coase tried to imagine a world in which there were no firms. In such a world, each worker on the assembly line would be an ...
In memory of Gordon Tullock
In the last few years we've lost some intellectual giants—Elinor Ostrom, James Buchanan, Ronald Coase, Leonard Liggio, Gary Becker, and now Gordon. Their absence will be felt, long after we've forgotten who beat whom and when on election night.
In Memoriam: Gordon Tullock
Tullock's focus on economics led him to study the costs of using the political process, much as economist Ronald Coase studied the costs of using the market. Coase recognized that private parties would have every incentive to reduce such transaction ...