Ronald Coase spoke by video at the annual Beijing Finance and Economics Conference on December 15, 2011. At the CAIJING Annual Conference 2012: Forecasts and Strategies in Beijing, he discussed the foundations of China's economic transformation in recent decades, and its current lack of a well-functioning market for ideas.



Ronald Coase celebrated his 100th birthday on December 29, 2010.
The occasion was honored in Beijing by a conference titled
"Coase and China." Over 150 leading economists of China attended.

Speakers discussed his influence on China, his life and thought, his work in institutional analysis, his thoughts on law, and his impact on China's reform. Ronald Coase addressed the conference via live video from Chicago. See the conference summary. Also see an interview with Ronald Coase conducted by Ning Wang December 28-29.

The 2009 Nobel prize in economics was awarded to Elinor Ostrom "for her analysis of economic governance, especially the commons" and to Oliver Williamson "for his analysis of economic governance, especially the boundaries of the firm." 
A great day for new institutional social sciences.

Elinor Ostrom	Oliver Williamson

Elinor Ostrom and Oliver Williamson have generously served as faculty members for the Ronald Coase Institute workshops.

Elinor Ostrom is in addition a board member of the Institute. Three
other Nobel laureates are directly associated with the Institute's work:
Ronald Coase as research adviser and faculty member, Douglass North as board member and faculty member, and Kenneth Arrow as board member.

Mary Shirley's book Institutions and Development has been issued in paperback by Edward Elgar Publishing.  See announcement.   A special 20% discount off the list price of $25 USD is available at the Edward Elgar Web site.

 
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