Tags » Ronald Coase

Property rights and reclining seats

Every now and then a flight gets diverted because of trouble onboard. Sometimes, passengers are misbehaving and the decision is made to land and make them leave. 682 more words

Property Rights

Watson: Coase call on Lakeside Avenue

Everybody in Ottawa loves the new Redblacks, except maybe people who live on Lakeside Avenue, where hundreds of buses pass by on game nights, shuttling fans from pick-up areas elsewhere in the city. 781 more words

Local News

QOTD: Ronald Coase

Contemplation of an optimal system may provide techniques of analysis that would otherwise have been missed and, in certain special cases, it may go far to providing a solution.

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Economics

Información, mercado y política

Cuando la Casa de los Comunes del Reino Unido decretó la estatización de los faros, en 1834, los diputados emitieron un reporte justificando su decisión. El reporte es tan actual hoy como hace 180 años: los políticos alrededor del mundo siguen dictando este discurso. 665 more words