Topics: Why should finance students keep up with the news?

FOR philosophers the great existential question is: “Why is there something rather than nothing?” For management theorists the more mundane equivalent is: “Why do firms exist? Why isn t everything done by the market?”

The man who restored the pin factory to its rightful place at the heart of economic theory celebrates his 100th birthday on December 29th. The economics profession was slow to recognise Ronald Coase s genius. He first expounded his thinking about the firm in a lecture in Dundee in 1932, when he was just 21 years old. Nobody much listened. He published “The Nature of the Firm” five years later. It went largely unread.

But Mr Coase laboured on regardless: a second seminal article on “The Problem of Social Cost” laid the intellectual foundations of the deregulation revolution of the 1980s. Eventually, Mr Coase acquired an army of followers, such as Oliver Williamson, who fleshed out his ideas. In 1991, aged 80, he was awarded a Nobel prize. Far from resting on his laurels, Mr Coase will publish a new book in 2011, with Ning Wang of Arizona State University, on “How China Became Capitalist”.

Wait. Wait. I just saw an ad for Bumble Bizz. Are they making dating apps for business networking now? Actually????


Версия для печати Кандидат от левых сил Опубликовано admin в чтв, 2017-11-09 09:15.

  • Бузгалин А. В.

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С праздником Революции! Опубликовано admin в вт, 2017-11-07 10:32.

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People actually getting so heated over the Joshua and Sowon shit I’m screaming bfjdjjsjdjs Y’all get so heated over rumors plus none of our business if an idol is dating so take a seat

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