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Rejoinder To Boettke On Coasean Economics And Communism

Author

Listed:
  • Walter Block

    (Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics Joseph A. Butt, S.J. College of Business)

Abstract

In the view of Boettke (1998), Coase (1960) casts lights of understanding in a myriad of fields, including, preeminently, property rights theory and the Soviet system of economics. The claim of the present author, in sharp contrast, is that this seminal article of Coase’s is a snare and a delusion. It has led economists down a mistaken path for lo this past half century, and Boettke (1998) is but one more unfortunate example of this.

Suggested Citation

  • Walter Block, 2010. "Rejoinder To Boettke On Coasean Economics And Communism," Romanian Economic Business Review, Romanian-American University, vol. 5(3), pages 9-30, September.
    • Handle: RePEc:rau:journl:v:5:y:2010:i:3:p:9-30
    as

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/FA10/REBE-FA10-A1.pdf
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    References listed on IDEAS

    as
    1. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    2. Klein, Peter G, 1996. "Economic Calculation and the Limits of Organization," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 9(2), pages 3-28.
    3. Coase, R H, 1974. "The Lighthouse in Economics," Journal of Law and Economics, University of Chicago Press, vol. 17(2), pages 357-376, October.
    4. Hoppe Hans-Hermann, 1991. "Austrian Rationalism In The Age Of The Decline Of Positivism," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 2(2-3), pages 243-268, June.
    5. Cordato, Roy E, 2000. "Chasing Phantoms in a Hollow Defense of Coase," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 13(2), pages 193-208, September.
    6. de Soto, Jesus Huerta, 1995. "A Critical Analysis of Central Banks and Fractional-Reserve Free Banking from the Austrian School Perspective," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 8(2), pages 25-38.
    7. Murray N. Rothbard, 1997. "The Logic of Action One," Books, Edward Elgar Publishing, number 968.
    8. Peter Lewin, 1982. "Pollution Externalities: Social Cost and Strict Liability," Cato Journal, Cato Journal, Cato Institute, vol. 2(1), pages 205-229, Spring.
    9. Elodie Bertrand, 2006. "The Coasean analysis of lighthouse financing: myths and realities," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 30(3), pages 389-402, May.
    10. Block, Walter, 1995. "Ethics, Efficiency, Coasian Property Rights, and Psychic Income: A Reply," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 8(2), pages 61-125.
    11. Elodie Bertrand, 2006. "The Coasean analysis of lighthouse financing: myths and realities," Post-Print hal-03507599, HAL.
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