ronald coase @ 100
Ronald Coase turns 100 years old tomorrow. Organizations and Markets has the scoop, though 100 years is definitely worth celebrating here at orgtheory.net as well.
(Peter’s post also points out how The Economist gets some of the Coasean story wrong, for example by reinforcing an artificial dichotomy between the resource-based view and transaction cost economics and the matter of “organizational advantages” versus transactions costs.)
In 1991, aged 80, he was awarded a Nobel prize. Far from resting on his laurels, Mr Coase will publish a new book in 2011, with Ning Wang of Arizona State University, on “How China Became Capitalist”.
Coase is my hero.
brayden king
December 28, 2010 at 6:58 pm
Three cheers for Coase!
fabiorojas
December 28, 2010 at 7:21 pm
There’s a group of nobel-winning economists like that — who still remain very prolific/active into their 80s and 90s (sociology also has a set of active ‘senior’ luminaries like that): Vernon Smith, James Buchanan, Kenneth Arrow.
I had a chance to interact with Vernon a year ago — definitely no signs of slowing down (our conversation ranged from Sweden to Moab/Southern Utah, he had a place there for decades, to markets and auctions). Still publishing extremely actively. And, a fascinating guy. I read his autobiography, he’s certainly not a stereotypical economist.
teppo
December 28, 2010 at 7:31 pm