Coase's Law
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement May 25, 2023 by Salim Ismail · across every show →
Everything said about Coase's Law, oldest first
May 25, 2023 negative
Ismail: Coase's Law is obsolete due to cheap web service transaction costs
“So in the book, we actually declare Coase's Law, which has been, ah, very touted for a hundred years, essentially gone. Because the pay, the need to control a big company makes it too slow to navigate all these massive changes that are happening. And B, the tr…”