Here’s your update for this Thursday evening’s session run by our friends at the Auckland Uni Economics Group. (Why not head along: they’re a great way to discover and learn about the economic errors that repeatedly reproduce the same catastrophes.)
Only two years ago, the winner of the 1991 “Nobel Prize in Economics”, Ronald Coase, died aged 102. He was still writing. (Always intellectually curious, his last published book was his 2013 How China Became Capitalist.)
Coase won the Nobel for the ideas contained in his celebrated 1937 paper "The Nature of the Firm," which went unnoticed for around forty years following publication. When it was “rediscovered” in the 1960s it then went on to transform not just the whole field of economic analysis but many economies around the world.
How did his ideas influence the structure of the NZ economy?
And how do the ideas of Ronald Coase influence how products are manufactured, including the very computer you using to read this message?
In this week's seminar, we will use real life examples to examine the ideas of an economist who some call “Britain’s greatest economist since John Maynard Keynes.” (Mind you, those were people who liked the meanderings Maynard...)
Come join us!
Date: Thursday, May 21
Location: Room 040C, Level Zero, Auckland University Business School (OGGB)
All welcome: We look forward to seeing you there.
PS: Keep up to date with us on our 2015 Facebook page.