This month we salute an article that is a lifetime old, and use it to see where things might go in the next lifetime.
Well, the article can’t be said to be a lifetime old, really, because although it has reached threescore and ten, the traditional biblical lifespan, its author, who was 26 at the time it was written, is still alive and kicking, the oldest Nobel laureate around.
Ronald Coase is 96 years old. He is presently listed as Clifton R. Musser Professor Emeritus of Economics at the University of Chicago Law School. In 1937, he wrote a little article in the journal ...Read more