REJOINDER TO BOETTKE ON COASEAN ECONOMICS AND COMMUNISM

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

Romanian Economic Business Review, 2010, vol. 5, issue 3, 9-30

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.

Keywords: Ronald Coase; Communism; Central Planning; Property Rights (search for similar items in EconPapers)
Date: 2010
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