Good institutions are the ones that reduce transaction costs to a minimal level.
Any person who is interested in economics should read this book, and if this has been done before, then read it again!
This book is a reprint of several of Coase's previous works together with an introduction that links them.
Why do firms exist? Why are there companies instead of cottage industries? Why should the government encourage or support the formation of firms and inforce laws that assist the... Read morePublished 5 months ago by Geekazoid
This is a seminal book, which doesn't really need more comments. Every chapter of it is full with knowledge. Read it.Published 12 months ago by Greg
You really have to love and know a lot about economics to get any value out of this and even that is datedPublished 13 months ago by Dwayne A Durn
Good read, provided a foundation to entrepreneurship studies. Enjoy the discourse provided comparing his work or opinions against other economist.Published 19 months ago by James A. Lyons
Definitely the best book in economics since Adam Smith's Wealth of Nations. I believe the future of economics will be more promising if we would be more willingly to adopt the... Read morePublished on April 28, 2012 by De-Xing Guan
I have read a majority of the papers presented in this book. I enjoy the writing. It is not necessarily as clear as it could be but it is cogent. Read morePublished on January 14, 2011 by Sanjay V. Gopinath
Ronald Coase is a fantastic economist. He writes with great lucidity and a confidence which suggests to the reader that his arguments "fall into the category of truths which can... Read morePublished on March 4, 2008 by James F. Mueller
Se trata de un libro clásico, imprescindible en un primer acercamiento a la perspectiva del análisis económico del derecho de sociedades.Published on August 30, 2006 by J. C. Gonzalez Vazquez
A wonderful enrichment of Coase's seminal "The Nature of the Firm" with essays by Coase himself that explicate clearer the background that lead to his development of that theory as... Read morePublished on July 24, 2006 by Richard L. Wise