Capitalism and Freedom¶
Friedman, M. (1962). Capitalism and Freedom. University of Chicago Press.
Cited by¶
2 citations across 2 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Opportunity Cost
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This sourceArticulates the case for price-mediated coordination and discusses how property-right assignment and externality pricing relate to market coordination — frequently cited alongside Coase-theorem extensions on liability rules.
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- Price Mechanism
- Friedman 1962 in Capitalism and Freedom and later Coase-theorem extensions formalized how property-right assignment and liability rules can endogenize externality costs into prices
This sourceArticulates the case for price-mediated coordination and discusses how property-right assignment and externality pricing relate to market coordination — frequently cited alongside Coase-theorem extensions on liability rules.
- Friedman 1962 in Capitalism and Freedom and later Coase-theorem extensions formalized how property-right assignment and liability rules can endogenize externality costs into prices
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