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Embracing at arm's length: Ronald Coase's uneasy relationship with the Chicago school

Publication ,  Journal Article
Medema, SG
Published in: Oxford Economic Papers
October 1, 2020

This paper takes up Ronald Coase's views on the Chicago school, as found in his published and, especially, unpublished writings. Coase's personal and professional papers, recently opened for examination in the University of Chicago's Regenstein Library, reveal that his commentaries on the Chicago Economics Department and the Chicago school began already in the early 1960s, prior to his appointment at Chicago. These and later commentaries at once reveal a measure of kinship and significant differences of viewpoint, particularly as respects economic method. Pulling back the lens a bit further, the paper provides additional evidence for the heterogeneity of views on fundamental questions that existed even among ostensibly cornerstone members of the so-called 'Chicago school'.

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Published In

Oxford Economic Papers

DOI

EISSN

1464-3812

ISSN

0030-7653

Publication Date

October 1, 2020

Volume

72

Issue

4

Start / End Page

1072 / 1090

Related Subject Headings

  • Economics
  • 3803 Economic theory
  • 3802 Econometrics
  • 3801 Applied economics
  • 14 Economics
 

Citation

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Medema, S. G. (2020). Embracing at arm's length: Ronald Coase's uneasy relationship with the Chicago school. Oxford Economic Papers, 72(4), 1072–1090. https://doi.org/10.1093/oep/gpaa011
Medema, S. G. “Embracing at arm's length: Ronald Coase's uneasy relationship with the Chicago school.” Oxford Economic Papers 72, no. 4 (October 1, 2020): 1072–90. https://doi.org/10.1093/oep/gpaa011.
Medema SG. Embracing at arm's length: Ronald Coase's uneasy relationship with the Chicago school. Oxford Economic Papers. 2020 Oct 1;72(4):1072–90.
Medema, S. G. “Embracing at arm's length: Ronald Coase's uneasy relationship with the Chicago school.” Oxford Economic Papers, vol. 72, no. 4, Oct. 2020, pp. 1072–90. Scopus, doi:10.1093/oep/gpaa011.
Medema SG. Embracing at arm's length: Ronald Coase's uneasy relationship with the Chicago school. Oxford Economic Papers. 2020 Oct 1;72(4):1072–1090.
Journal cover image

Published In

Oxford Economic Papers

DOI

EISSN

1464-3812

ISSN

0030-7653

Publication Date

October 1, 2020

Volume

72

Issue

4

Start / End Page

1072 / 1090

Related Subject Headings

  • Economics
  • 3803 Economic theory
  • 3802 Econometrics
  • 3801 Applied economics
  • 14 Economics