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Rejoinder To Boettke On Coasean Economics And Communism

Author

Listed:
  • Walter Block

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

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.

Suggested Citation

  • Walter Block, 2010. "Rejoinder To Boettke On Coasean Economics And Communism," Romanian Economic Business Review, Romanian-American University, vol. 5(3), pages 9-30, September.
    • Handle: RePEc:rau:journl:v:5:y:2010:i:3:p:9-30
    as

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    References listed on IDEAS

    as
    1. Hoppe Hans-Hermann, 1991. "Austrian Rationalism In The Age Of The Decline Of Positivism," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 2(2-3), pages 1-26, June.
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    8. Coase, R H, 1974. "The Lighthouse in Economics," Journal of Law and Economics, University of Chicago Press, vol. 17(2), pages 357-376, October.
    9. Elodie Bertrand, 2006. "The Coasean analysis of lighthouse financing: myths and realities," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 30(3), pages 389-402, May.
    10. Block, Walter, 1995. "Ethics, Efficiency, Coasian Property Rights, and Psychic Income: A Reply," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 8(2), pages 61-125.
    11. Elodie Bertrand, 2006. "The Coasean analysis of lighthouse financing: myths and realities," Post-Print hal-03507599, HAL.
    Full references (including those not matched with items on IDEAS)

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