Tuesday, September 3, 2013

That awkward moment when 14 people "like" the post where Pete Boettke endorses Deirdre McCloskey's assertion that only 12 people understand the Coase Theorem


6 comments:

  1. Yeah but one Like came from a cat, and Donald McCloskey has an account too.

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  2. Remember that Deirdre just HATED George Stigler and so, I think, may have exaggerated the disagreement. You'll see soon, assuming they don't edit it out, how I handled it in tomorrow's WSJ op/ed.

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    Replies
    1. ...it was just too tempting. I'll be honest, I was refreshing the screen when it was siting at 12 :)

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    2. As I note in the last post, I think this whole spiel is unbelievably overstated - certainly for today, probably for yesteryear too. But even aside from that point it was a really excellent summation from Pete.

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