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Ronald Coase

Standard Deviations: An Interview With Gary Smith

Phil Simon | Posted 11.10.2015 | Books
Phil Simon

More than a century ago, Mark Twain said, "There are lies, damned lies, and statistics." It's a great quote that is more true than ever. As I wrote in Too Big to Ignore, in an era of Big Data, there is tremendous opportunity and arguably more incentive to create, ignore, and pervert information.

Who Owns the Air? The Sriracha Factory Injunction

Suneal Bedi | Posted 02.10.2014 | Business
Suneal Bedi

Judge O'Brien was a bit lucky because although he made the right decision, he didn't do it for the right reason. The legal issues in this case are extremely simple. They boil down to one question: Who has the right to the air in the city of Irwindale?

The Unintended Impact of Ronald Coase, 1910 - 2013

Don Tapscott | Posted 11.12.2013 | Business
Don Tapscott

If we listen to the theories of Ronald Coase from over 60 years ago we can understand how the digital revolution helps us find the uniquely qualified minds and talent to create wealth, govern and educate ourselves for the future.