Ronald Coase Part 2: Markets Don’t Fail, They Fail to Exist

Dr. Lynne Kiesling, author of The Essential Ronald Coase, once again joins host Rosemarie Fike to discuss Ronald Coase, specifically his theory of markets and what exactly prevents them from naturally emerging. See omnystudio.com/listener for privacy information.

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Economist Rosemarie Fike explores the insights and lasting legacies of the world's greatest economists, thinkers and scholars, including: Adam Smith, F.A. Hayek, John Stuart Mill, Milton Friedman, John Locke, Elinor Ostrom, and many more. Learn about their most important ideas, which helped to shape the free and prosperous societies that many of us enjoy today. And discover why their insights are still relevant in today’s modern world. Visit www.essentialscholars.org to download books, explore our animated videos and more.