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The Fraser Institute, Essential Coase: Who Was Ronald Coase?

Essential Coase: Who Was Ronald Coase?

Born in Willesden, England—a London suburb—in 1910, Ronald Harry Coase was one of the 20th

century's most influential economists who made significant contributions in not only

economics, but also legal studies, social and political science, and business management.

While attending the University of London in the early 1930s, Coase travelled to the United

States on a scholarship and studied at the University of Chicago with famed economists

Frank Knight and Jacob Viner.

During his time in the U.S., Coase visited several factories—in particular Ford and

General Motors assembly plants—to learn how they organized production.

Those visits gave Coase the empirical foundation to write one of the most influential papers

of his entire career—The Nature of the Firm in 1937.

After university, Coase began teaching in England and during World War Two he worked

as an analyst for the British government.

Following the war, Coase's academic career took him to various universities in the U.S.

While working at the University of Virginia, Coase wrote his most famous paper, The Problem

of Social Cost in 1960.

In 1964, Coase joined the law faculty at the University of Chicago and remained there for

the rest of his career, where he also served as an editor of the prestigious Journal of

Law and Economics.

For his powerful and lasting insights into transaction costs and property rights, Coase

was awarded the Nobel Prize in economics in 1991, and he continued writing and working

until his death in 2013 in Chicago at the age of 102.

For more information on Ronald Coase visit EssentialCoase.org,

and to learn about more essential scholars, visit EssentialScholars.org

Essential Coase: Who Was Ronald Coase? |Coase podstawowy|||Ronald Coase| Coase esencial: ¿Quién fue Ronald Coase? Essential Coase: Kim był Ronald Coase? Essential Coase: Кем был Рональд Коуз? Есенціальний Коуз: Ким був Рональд Коуз? 科斯必读罗纳德-科斯是谁？

Born in Willesden, England—a London suburb—in 1910, Ronald Harry Coase was one of the 20th ||ウィルスデン||||郊外||||||||| ||Willesden||||przedmieściu||Ronald Harry Coase|Ronald Harry||||||

century's most influential economists who made significant contributions in not only wieku||||||||||

economics, but also legal studies, social and political science, and business management. economia, mas também estudos jurídicos, ciências sociais e políticas e gestão de empresas.

While attending the University of London in the early 1930s, Coase travelled to the United |uczęszczając do||||||||||||| Enquanto frequentava a Universidade de Londres no início da década de 1930, Coase viajou para os Estados Unidos Під час навчання в Лондонському університеті на початку 1930-х років Коуз подорожував до Сполучених Штатів

States on a scholarship and studied at the University of Chicago with famed economists ||||||||||Uniwersytet Chicagowski||słynnych| Estados Unidos com uma bolsa de estudo e estudou na Universidade de Chicago com economistas de renome США на стипендію та навчався в Чиказькому університеті у відомих економістів

Frank Knight and Jacob Viner. ||||Viner

During his time in the U.S., Coase visited several factories—in particular Ford and |||||USA|||||fabryki||||

General Motors assembly plants—to learn how they organized production. |produkcja samochodów|||||||| Fábricas de montagem da General Motors - para saber como organizavam a produção.

Those visits gave Coase the empirical foundation to write one of the most influential papers |wizyty||||empiryczną||||||||| Essas visitas deram a Coase a base empírica para escrever um dos documentos mais influentes Ці візити дали Коузу емпіричну основу для написання однієї з найвпливовіших робіт

of his entire career—The Nature of the Firm in 1937. de toda a sua carreira - The Nature of the Firm, em 1937.

After university, Coase began teaching in England and during World War Two he worked Depois da universidade, Coase começou a ensinar em Inglaterra e, durante a Segunda Guerra Mundial, trabalhou

as an analyst for the British government. ||analityk||||

Following the war, Coase's academic career took him to various universities in the U.S. |||Coase'a|||||||uniwersytetach|||| Po wojnie kariera akademicka Coase'a prowadziła go na różne uniwersytety w Stanach Zjednoczonych. Após a guerra, a carreira académica de Coase levou-o a várias universidades nos Estados Unidos.

While working at the University of Virginia, Coase wrote his most famous paper, The Problem ||||||Virginia|||||||| Enquanto trabalhava na Universidade da Virgínia, Coase escreveu o seu artigo mais famoso, The Problem

of Social Cost in 1960. do custo social em 1960. соціальної вартості в 1960 році.

In 1964, Coase joined the law faculty at the University of Chicago and remained there for |||||wydział prawa|||||||pozostał|| Em 1964, Coase entrou para o corpo docente de Direito da Universidade de Chicago, onde permaneceu durante

the rest of his career, where he also served as an editor of the prestigious Journal of |||||||||||redaktorem||||Czasopismo| durante o resto da sua carreira, onde também foi editor do prestigiado Journal of

Law and Economics.

For his powerful and lasting insights into transaction costs and property rights, Coase ||||trwałe|||transakcji||||| Pelos seus conhecimentos poderosos e duradouros sobre custos de transacção e direitos de propriedade, Coase За свої потужні та довготривалі дослідження трансакційних витрат та прав власності Коуз

was awarded the Nobel Prize in economics in 1991, and he continued writing and working |otrzymał|||||||||||| foi galardoado com o Prémio Nobel da Economia em 1991 e continuou a escrever e a trabalhar

until his death in 2013 in Chicago at the age of 102.

For more information on Ronald Coase visit EssentialCoase.org, |||||||EssentialCoase|

and to learn about more essential scholars, visit EssentialScholars.org