Harold Demsetz, R.I.P.
Reason.com -

Noted economist Harold Demsetz has passed. A longtime member of the UCLA economics department, Demsetz was an important "Chicago School" economist who, among other things, wrote several seminal papers on the law and economics of property rights.

At Cafe Hayek, Don Boudreaux writes:

he was one of the greatest economic thinkers in history. Demsetz thought deeply and creatively and philosophically about issues. A master of microeconomic theory, Demsetz was unsurpassed – and rarely matched – in...


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