The Coase theorem is one of the most influential and controversial ideas to emerge from
post–World War II economics. This article examines the theorem’s origins, diffusion, and the …

… , Department of Economics, CB 181, University of Colorado at Denver, PO Box 173364,
Denver, CO 80217-3364; e-mail: steven. medema@cudenver.edu. The author thanks Roger …

… Steven Medema explores what has been perhaps the central controversy in modern …
Medema follows the debate from John Stuart Mill through the Cambridge welfare tradition of Henry …

This new reader in the history of economic thought is edited by two of the most respected
figures in the field. With clearly written summaries putting each selection into context, this book …

WHEN PETER DOUGHERTY, our editor at Princeton University Press, asked us if we were
willing to prepare a second edition of Economics and the Law, the first thing we did was to …

… sections - those based on rent seeking (Jung et al., 1995; see Medema, 1996b) and the
presence of risk (Posin, 1990; see Medema, 1995a and Posin’s, 1995, response). Of particular …

Robbins' Essay gave economics a definition that came to dominate the professional literature.
This definition laid a foundation that could be seen as justifying both the narrowing of …

… man and his work, Steven Medema presents a careful, judicious… State University'Steven
Medema's achievement is remarkable: … Medema has written an excellent book about one of the …

Modern economists do not subscribe to a homogeneous definition of their subject. Surveying
definitions of economics from contemporary principles of economics textbooks, we find that …

Using 1983 data, we develop a 19-sector computational general equilibrium model,
incorporating producer-producer externalities and producer-consumer externalities. Simulation …