Here’s the latest video from Marginal Revolution University. It covers negative externalities–drawing, of course, from the most innovative and interesting principles of economics textbook, Modern Principles of Economics. MRU videos are free for anyone’s use anytime, anywhere and don’t forget there are also two new econ-practice games on negative externalities and positive externalities and a fun choose […]
New MRU Video! Negative Externalities
New MRU Video! Negative Externalities
31 Oct 2024 Leave a comment
in applied price theory, economics of information, environmental economics, law and economics, property rights, Ronald Coase
When life imitates comedy: FTC’s Amazon Flip Flop
26 Jun 2024 Leave a comment
in applied price theory, entrepreneurship, history of economic thought, industrial organisation, law and economics, Ronald Coase Tags: competition law
Nobel Laureate Ronald Coase once quipped that he left antitrust because “When prices go up, its monopolization, when prices fall it’s predation, and when they stay the same it’s collusion.” As if to illustrate this idea, the FTC’s Chair is reversing herself to bring a case against Amazon. On one hand, booksellers argue that Amazon…
When life imitates comedy: FTC’s Amazon Flip Flop
An Upside-Down Economic History of Argentina
13 Dec 2023 Leave a comment
in budget deficits, business cycles, development economics, economic growth, economic history, economics of bureaucracy, fiscal policy, growth disasters, growth miracles, history of economic thought, income redistribution, labour economics, macroeconomics, Public Choice, public economics, rentseeking, Ronald Coase Tags: Argentina
Argentina has a very interesting, but also rather tragic, economic history. During first half of the 20th century, it was one of the world’s richest nations. But thanks to dirigiste economic policies (known locally as Peronism) starting after World War II, Argentina has suffered a dramatic decline in relative living standards. However, something shocking has […]
An Upside-Down Economic History of Argentina
Ronald Coase part 2: Markets Don’t Fail, They Fail to Exist
12 Oct 2023 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, history of economic thought, industrial organisation, law and economics, property rights, Ronald Coase, Ronald Coase, theory of the firm
Ronald Coase Part 2: Markets Don’t Fail, They Fail to Exist
26 Sep 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of information, history of economic thought, law and economics, Ronald Coase, Ronald Coase, theory of the firm
Ronald Coase Part 1: Reconciling Theory with Reality
25 Sep 2023 Leave a comment
in applied price theory, comparative institutional analysis, history of economic thought, law and economics, property rights, Ronald Coase, Ronald Coase
David Friedman – Application of Economic Analysis to the Law
07 Oct 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, David Friedman, economics of crime, economics of information, environmental economics, history of economic thought, industrial organisation, law and economics, property rights, resource economics, Richard Posner, Ronald Coase Tags: air pollution, noise pollution
Essential UCLA School of Economics: The Economics of Unintended Consequences
06 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, Armen Alchian, comparative institutional analysis, economics of information, economics of regulation, Gary Becker, George Stigler, industrial organisation, law and economics, Ronald Coase, Sam Peltzman, survivor principle
Essential Coase: The Problem of Social Cost
30 Sep 2021 Leave a comment
in applied price theory, comparative institutional analysis, environmental economics, history of economic thought, industrial organisation, law and economics, property rights, Public Choice, Ronald Coase
The Importance of Economics in the Field of Law. David Friedman & Keith Knight
12 Feb 2021 Leave a comment
in applied price theory, comparative institutional analysis, David Friedman, economic history, economics of crime, economics of information, history of economic thought, industrial organisation, law and economics, property rights, Ronald Coase
Finance Manager Interview #007 – David Friedman
10 Feb 2021 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economic history, economics of crime, history of economic thought, human capital, industrial organisation, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, property rights, Richard Posner, Ronald Coase
A conversation with Ronald H. Coase
03 Nov 2020 Leave a comment
in industrial organisation, law and economics, Ronald Coase, Ronald Coase, theory of the firm
Markets, Firms and Property Rights – Ronald Coase
29 Oct 2020 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, economics of information, economics of regulation, history of economic thought, industrial organisation, law and economics, property rights, Ronald Coase, Ronald Coase, Ronald Coase, theory of the firm
Utopia, you are standing in it! 
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