Thursday, September 5, 2013

Economist Ronald Coase Was Chased Out of UVA in 1964 for Supporting Market Solutions. - Hit & Run : Reason.com

Economist Ronald Coase Was Chased Out of UVA in 1964 for Supporting Market Solutions. - Hit & Run : Reason.com: "The Twitter feed of academic Siva Vaidhyanathan points to this story about how recently deceased economist Ronald Coase was chased out of the University of Virginia in the early 1960s.

The heinous crime of Coase, who would go on to win the 1991 Nobel Prize in economics? He stood against the rising tide of belief in an economy managed by experts and regulators."

'via Blog this'

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