4) So Coase expresses at the inter-polity scale, what I express at the intra-polity scale. But the phenomenon is the same: increasing the radius of cooperation will suppress rents(assymetries) through competition, whether internal or external. ….
Source date (UTC): 2018-06-01 16:13:48 UTC
Original post: https://twitter.com/i/web/status/1002584003608809472
Reply addressees: @MartialSociety
Replying to: https://twitter.com/i/web/status/1002367912512970752
IN REPLY TO:
@MartialSociety
@curtdoolittle I searched your site & didn’t find anything related. Most discussions of externalities are at least tangentially prefaced with a description of the Coase theorem & its limitations. I’m interested in how you (or another propertarian) would approach the problem.
Original post: https://twitter.com/i/web/status/1002367912512970752
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