Published Feb 24, 2014

Robert Frank on Coase

Russ Roberts hosts Robert Frank in an engaging discussion on Ronald Coase's revolutionary theories, examining the societal impacts of cultural norms, ethical perceptions, and economic policies such as carbon taxes, offering fresh insights into the intricate blend of morality, responsibility, and public decision-making challenges.

Episode Highlights

Topics covered

Episode Highlights

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Robert Frank on Coase

Topics covered

Popular Clips

Moral Intuitions

Reciprocal Externalities

Cost Benefit Analysis

Smoking and Social Influence

The Cost of Holding Hands

Controversial Carbon Tax

Efficiency and Economic Surplus

The Impact of Trade

The Contempt of Deontologists

The Moral Dilemma

Balancing Noise and Smoke

Mutual Problem Solving

Negotiating Property Rights

Car Radio Theft Debate

Episode Highlights

Cultural Norms and Choices

Economic Policy Debates

Coase's Insight

Related Episodes

Ronald Coase on Externalities, the Firm, and the State of Economics

Robert Frank on Competition, Government, and Darwin

Don Boudreaux on Coase

Robert Frank on Economics Education and the Economic Naturalist

Robert Frank on Dinner Table Economics

Robert Frank on Inequality

Robert Frank on Success and Luck

Coase, the Rules of the Game, and the Costs of Perfection (with Daisy Christodoulou)

Diane Coyle on Cogs, Monsters, and Better Economics

Robert Frank and Russ Roberts on Infrastructure

Clay Shirky on Coase, Collaboration and Here Comes Everybody

Russ Roberts on the Price of Everything

An Interview with Gary Becker

Russ Roberts on Smith, Ricardo, and Trade

John Cochrane on Economic Growth and Changing the Policy Debate

Robert Frank on Coase

Topics covered

Popular Clips

Episode Highlights

Cultural Norms and ChoicesThe discussion shifts to the social influence on smoking and the ethical perspectives on harm. Robert Frank and Russ Roberts explore how social norms and ethical frameworks shape behaviors and policies.

Cultural Norms and Choices

Economic Policy Debates

Coase's InsightRobert Frank discusses Ronald Coase's groundbreaking views on externalities, challenging traditional notions of harm and responsibility. He examines how Coase's insights can inform public policy, particularly in areas like pollution and smoking.

Coase's Insight

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