Ronald H. Coase
Historical Period: The 20th Century and Beyond
Ronald Coase (1910-2013) received the Nobel Prize in Economic Science in 1991. His articles “The Problem of Social Cost” and “The Nature of the Firm” are among the most important, and most often cited works in the whole of economic literature. He started teaching at the University of Chicago in 1964.
See also at our sister website Econlib:
- the Concise Encyclopedia of Economics entry on Coase
Watch the OLL Video The Intellectual Portrait Series: A Conversation with Ronald H. Coase