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Coase, Ronald Harry (Born 1910)

The New Palgrave Dictionary of Economics

Abstract

R.H. Coase was born in Middlesex, England, in 1910. After graduating from the London School of Economics in 1932, he taught at the Dundee School of Economics (1932–34), the University of Liverpool (1934–5), the London School of Economics (1935–51), the University of Buffalo (1951–8), the University of Virginia (1958–64), and the University of Chicago, where he also assumed editorship of the Journal of Law and Economics (1964–82). Influenced by his mentor, Arnold Plant, Coase developed a deep conviction that one cannot understand the behaviour of something unless he sees and touches its reality. Throughout his academic career he has persistently turned from what he calls ‘blackboard economics’ to economics relevant to the real world.

This chapter was originally published in The New Palgrave: A Dictionary of Economics, 1st edition, 1987. Edited by John Eatwell, Murray Milgate and Peter Newman

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References

  • Cheung, S.N.S. 1983. The contractual nature of the firm. Journal of Law and Economics 26(1): 1–21.

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  • Kitch, E. (Ed.). 1983. The fire of truth: a remembrance of law and economics at Chicago, 1932–1970. Journal of Law and Economics 26(1): 163–233.

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Cheung, S.N.S. (1987). Coase, Ronald Harry (Born 1910). In: Durlauf, S., Blume, L. (eds) The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_70-1

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  • DOI: https://doi.org/10.1057/978-1-349-95121-5_70-1

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  • Online ISBN: 978-1-349-95121-5

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Chapter history

  1. Latest

    Coase, Ronald Harry (Born 1910)
    Published:
    06 April 2017

    DOI: https://doi.org/10.1057/978-1-349-95121-5_70-2

  2. Original

    Coase, Ronald Harry (Born 1910)
    Published:
    11 October 2016

    DOI: https://doi.org/10.1057/978-1-349-95121-5_70-1