Coase basically applied the insight that value is not the same as price, and there’s no way to set a price that satisfies all the stakeholders. It’s an idea that needs to be more central to thinking about human interaction.
Coase basically applied the insight that value is not the same as price, and there’s no way to set a price that satisfies all the stakeholders. It’s an idea that needs to be more central to thinking about human interaction.