Ronald Coase

Economist and Nobel Prize laureate

Ronald Coase - Economist and Nobel Prize laureate
Born

December 29th, 1910
114 years ago

Died

September 2nd, 2013
12 years ago — 102 years old

Category

Thinkers & Philosophers

Country

United States

Links & References

An economist and author, contributed significantly to the fields of law and economics. Developed the Coase theorem, which states that under certain conditions, private parties can negotiate without government intervention. Authored influential works such as 'The Nature of the Firm' and 'The Firm, the Market, and the Law'. Had a notable academic career with decades spent teaching at various institutions, including the University of Chicago. Awarded the Nobel Prize in Economic Sciences in 1991 for contributions to economic theory.

Developed the Coase theorem

Published 'The Nature of the Firm'

Earned the Nobel Prize in Economic Sciences

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