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Rejoinder To Boettke On Coasean Economics And Communism

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  • Walter Block

    (Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics Joseph A. Butt, S.J. College of Business)

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    Abstract

    In the view of Boettke (1998), Coase (1960) casts lights of understanding in a myriad of fields, including, preeminently, property rights theory and the Soviet system of economics. The claim of the present author, in sharp contrast, is that this seminal article of Coase’s is a snare and a delusion. It has led economists down a mistaken path for lo this past half century, and Boettke (1998) is but one more unfortunate example of this.

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/FA10/REBE-FA10-A1.pdf
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    Bibliographic Info

    Article provided by Romanian-American University in its journal Romanian Economic and Business Review.

    Volume (Year): 5 (2010)
    Issue (Month): 3 (September)
    Pages: 9-30

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    Handle: RePEc:rau:journl:v:5:y:2010:i:3:p:9-30

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    Keywords: Ronald Coase; Communism; Central Planning; Property Rights;

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    1. Klein, Peter G, 1996. " Economic Calculation and the Limits of Organization," The Review of Austrian Economics, Springer, vol. 9(2), pages 3-28.
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