Ronald Coase

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Ronald Coase
Coase looking to the camera and smiling, wearing a suit and tie
Coase in Chicago in September 2009
Born(1910-12-29)29 December 1910
Died2 September 2013(2013-09-02) (aged 102)
InstitutionUniversity at Buffalo
University of Virginia
University of Chicago
FieldLaw and economics
School or
New Institutional Economics
Alma materLondon School of Economics
ContributionsCoase Theorem
Analysis of transaction costs
Coase conjecture
AwardsNobel Prize in Economics (1991)
Information at IDEAS / RePEc

Ronald Harry Coase (29 December 1910 – 2 September 2013) was a British economist. He was a Professor of Economics at the University of Chicago Law School. Coase won the Nobel Prize in Economics in 1991.

Early life[change | change source]

Ronald Harry Coase was born in Willesden, Middlesex, on 29 December 1910. As a child, Coase had a weakness in his legs, which is why he had to wear leg-irons.

Education[change | change source]

Due to this problem, he attended the school for physical defectives. At the age of 12, he was able to enter at the Kilburn Grammar School on scholarship. Coase attended the London School of Economics, where he received a bachelor of commerce degree in 1932.

Career[change | change source]

After studying with the University of London External Programme in 1927–29, Coase entered the London School of Economics, where he took courses with Arnold Plant.[1] He received the Nobel Prize in Economics in 1991.[2]

Coase became the oldest living Nobel laureate before his death in 2013.[3]

Personal life[change | change source]

Coase was married to Marian Hartung from 1937 until his death in 2013. They had no children.

Death[change | change source]

Coase died in Chicago, Illinois on 2 September 2013 from natural causes.[4] He was 102 years old.

References[change | change source]

  1. Ronald Coase. "Nobel Prize Autobiography," 1991
  2. "Ronald Coase Dead: Nobel Prize-Winning Economist Dies At 102". Huffington Retrieved 3 September 2013.
  3. "Retired U. of C. economist won Nobel". Chicago September 4, 2013. Retrieved October 25, 2013.[permanent dead link]
  4. Galer, Sarah (2 September 2013). "Ronald H. Coase, Founding Scholar in Law and Economics, 1910–2013 | University of Chicago Law School". Retrieved 3 September 2013.

Other websites[change | change source]