Author Archives: Pierre Schlag

Coase’s Conception of Production Factor Costs (and the Coasean Challenge)

Here I want to lay out Coase’s conception of production factor costs as articulated in The Problem of Social Cost.  Coase’s conception of production factor costs has very significant implications for what might be called the “Coasean Challenge”–a challenge which in my view has been … Continue reading

Posted in Organized, Politics, Random Jurisprudence | Tagged , , , , , | 2 Comments

Coase’s Critique of the Neoclassical Model–Coase Minus the Coase Theorem

Coase Minus the Coase Theorem, is among other things an attempt to retrieve the meaning of Ronald Coase’s famous article, The Problem of Social Cost, 3 J. L. & Econ. 1 (1960) As I try to show, Coase advanced a … Continue reading

Posted in Politics, Random Jurisprudence | Tagged , , | 2 Comments

The New Normal

So is this the New Normal?   The question gets asked about lots of things—Washington politics, the economy, terrorism, infrastructure, the financial markets.   And the question gets asked anxiously because as a normal—as a baseline—this new normal (whatever it may be) … Continue reading

Posted in Nature/Culture, Politics | Tagged , , | 3 Comments

Facts (The)

These little items are trouble.   Let me state right off that I have not always been on entirely friendly terms with “the facts.”  We have had a long and, at times, uneasy relation.   Things took a bad turn early.  I … Continue reading

Posted in Experimental, Nature/Culture | Tagged , , | 1 Comment

Mayan End of the World Canceled (A Brazenandtenured Exclusive)

Apparently, through some rather incredible and oddly parallel set of mistakes, the ending of the world will not happen on December 21st.   Instead, it appears the world has already ended on November 10th.     The mistake is a moment of some … Continue reading

Posted in Experimental, Nature/Culture | Tagged , | Leave a comment

The Great GOP Identity Search

In the wake of the great Republican defeat (and despite the distraction of the Petraeus Affair) pols and pundits continue to offer advice to the Republican Party as to how it might reform itself in order to…. well, do better … Continue reading

Posted in Nature/Culture, Politics | Tagged , , | 3 Comments

Book Review (and subtext)

The recent publication of  […….] by Professor X marks a moment in the history of […….].  It establishes him as one of the leading, if not the leading, authority on the subject of […….]. Professor X works at Zip Code Law … Continue reading

Posted in BAT Reviews, Experimental, Random Jurisprudence | Tagged , , , | 1 Comment