Mises Wire

Coase and Third Party Victory

Coase and Third Party Victory

“Back in 1937, an economist named Ronald Coase realized something that helped explain the rise of modern corporations -- and which just might explain the coming decline of the American two-party political system,” writes Everett Ehrlich in the Washington Post (link courtesy of Arts & Letters Daily)..

Posted by Llewellyn H. Rockwell, Jr.

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