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[[File:Ronald-Coase-2003.jpg|thumb|Ronald Coase]]


== On X ==
== On X ==
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|usernameurl=https://x.com/EricRWeinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|username=EricRWeinstein
|content=There's plenty of beauty in Economics Paul, but that works okay: '''Coase's Thm''', Arrow's Impossibility Thm, Fixed Pt Thms, etc...
|content=There's plenty of beauty in Economics Paul, but that works okay: [[Ronald Coase|Coase's Thm]], [[Arrow's Impossibility Theorem|Arrow's Impossibility Thm]], Fixed Pt Thms, etc...
|timestamp=9:13 PM · Sep 6, 2009
|timestamp=9:13 PM · Sep 6, 2009
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|usernameurl=https://x.com/EricRWeinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|username=EricRWeinstein
|content=VaR -&gt; [[Kayfabe]] <nowiki>|</nowiki> '''Coase''' -&gt; Economics <nowiki>| Stable Tastes -&gt; Kayfabe | Arrow's Theorem -&gt; Economics | Rep. Consumer -&gt; Kayfabe |</nowiki> B. Scholes-&gt; Econ
|content=VaR -&gt; [[Kayfabe]] <nowiki>|</nowiki> [[Ronald Coase|Coase]] -&gt; Economics <nowiki>|</nowiki> [[Stable Tastes]] -&gt; [[Kayfabe]] <nowiki>|</nowiki> [[Arrow's Impossibility Theorem|Arrow's Theorem]] -&gt; Economics <nowiki>|</nowiki> Rep. Consumer -&gt; [[Kayfabe]] <nowiki>|</nowiki> B. Scholes-&gt; Econ
|timestamp=12:26 PM · Sep 10, 2009
|timestamp=12:26 PM · Sep 10, 2009
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|usernameurl=https://x.com/EricRWeinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|username=EricRWeinstein
|content=@ubfid Hi Fergus. The Stigler quotes come from the 'Eureka!' chapter in his autobiography: http://bit.ly/CoaseStigler
|content=@ubfid Hi Fergus. The [[George Stigler|Stigler]] quotes come from the 'Eureka!' chapter in his autobiography: http://bit.ly/CoaseStigler
|thread=
|thread=
{{Tweet
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|usernameurl=https://x.com/EricRWeinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|username=EricRWeinstein
|content="Economists could not understand how so fine an economist as '''Coase''' could make so obvious a mistake." -UChicago peer reviews '''Coase''' [Stigler]
|content="Economists could not understand how so fine an economist as [[Ronald Coase|Coase]] could make so obvious a mistake." -UChicago peer reviews [[Ronald Coase|Coase]] [Stigler]
|timestamp=6:30 AM · Nov 16, 2009
|timestamp=6:30 AM · Nov 16, 2009
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|usernameurl=https://x.com/EricRWeinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|username=EricRWeinstein
|content="[After] 2 hours of argument, the vote went from 20 against and 1 for '''Coase''' to 21 for '''Coase'''." -Chicago Econ. reviews itself. [Stigler]
|content="[After] 2 hours of argument, the vote went from 20 against and 1 for [[Ronald Coase|Coase]] to 21 for [[Ronald Coase|Coase]]." -Chicago Econ. reviews itself. [Stigler]
|timestamp=6:35 AM · Nov 16, 2009
|timestamp=6:35 AM · Nov 16, 2009
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|usernameurl=https://x.com/EricRWeinstein
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|username=EricRWeinstein
|content=Via revealed preference, '''Coase''' seems to me a modern Solomon asking "Do you really love efficiency, or do you plead before us to seek rent?"
|content=Via [[Revealed Preference|revealed preference]], [[Ronald Coase|Coase]] seems to me a modern Solomon asking "Do you really love efficiency, or do you plead before us to seek rent?"
|thread=
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|usernameurl=https://x.com/EricRWeinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|username=EricRWeinstein
|content=I guessed wrong when I first heard '''Coase's theorem''' phrased as an economics puzzle. No shame in that: it's as deep as it is elegant.
|content=I guessed wrong when I first heard [[Ronald Coase|Coase's theorem]] phrased as an economics puzzle. No shame in that: it's as deep as it is elegant.
|timestamp=6:44 AM · Feb 7, 2010
|timestamp=6:44 AM · Feb 7, 2010
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|usernameurl=https://x.com/EricRWeinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|username=EricRWeinstein
|content=To me, '''Coase's result''' is simultaneously radical in opposite political directions by decoupling efficiency & distribution via securitization.
|content=To me, [[Ronald Coase|Coase's result]] is simultaneously radical in opposite political directions by decoupling efficiency & distribution via securitization.
|timestamp=2:50 PM · Feb 7, 2010
|timestamp=2:50 PM · Feb 7, 2010
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|timestamp=3:00 PM · Feb 7, 2010
|timestamp=3:00 PM · Feb 7, 2010
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=== 2016 ===
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/773013974832918528
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Lefty style
What do we want: Securitization of [[Ronald Coase|tradable Coasian rights]] for native labor!!
When do we want it: Now!
|quote=
{{Tweet
|image=ScholarGypzi-profile-761df43f1ac6a5d331e53f1fa78b96da.jpg
|nameurl=https://x.com/ScholarGypzi/status/773007714779668480
|name=Dave Armstrong
|usernameurl=https://x.com/ScholarGypzi
|username=ScholarGypzi
|content=@pmarca Eric, great paper; can we fit it on a bumper sticker?http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.546.895&rep=rep1&type=pdf
|timestamp=3:59 AM · Sep 6, 2016
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|timestamp=4:24 AM · Sep 6, 2016
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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1902763446359478385
|nameurl=https://x.com/EricRWeinstein/status/1902765807123439721
|name=Eric Weinstein
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|username=EricRWeinstein
|content=For how this works, I wrote a paper explaining it in the case of immigration that has very little math in it (I.e. the underlying math is hidden by moving it from formulae to pictures) so everyone can understand it.
|content=Amen!
 
To make it into an AI free market solution, change Foreign Worker to “AI system” and the idea mostly just goes through mutatis mutandis:
 
https://theportal.wiki/wiki/Migration_For_The_Benefit_of_All:_Towards_a_New_Paradigm_for_Migrant_Labor_(Content)
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|usernameurl=https://x.com/EricRWeinstein
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|username=EricRWeinstein
|content=Use the '''Coase''', Andrew. Put away the UBI. Partner with @NicoleShanahan as politician; the '''Coase''' is strong with this one
|content=Use the [[Coasian rights|Coase]], Andrew. Put away the UBI. Partner with @NicoleShanahan as politician; the [[Coasian rights|Coase]] is strong with this one


'''Coasian rights''' are the solution to both our immigration nightmare and our AI labor apocalypse:
[[Coasian rights]] are the solution to both our [[Immigration|immigration nightmare]] and our AI labor apocalypse:


:::'''Coase''' &gt;&gt; UBI
:::Coase &gt;&gt; UBI


Let’s debate it out.
Let’s debate it out.
|quote=
{{Tweet
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|image=AndrewYang-profile.jpg
|image=AndrewYang-profile.jpg
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|timestamp=9:13 PM · Mar 19, 2025
|timestamp=9:13 PM · Mar 19, 2025
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|media1=ERW-X-post-1902762014520512653-Gmf39bkaIAAILS5.gif
|timestamp=4:39 PM · Mar 20, 2025
|timestamp=4:39 PM · Mar 20, 2025
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1902763446359478385
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=For how this works, I wrote a paper explaining it in the case of [[Immigration|immigration]] that has very little math in it (I.e. the underlying math is hidden by moving it from formulae to pictures) so everyone can understand it.
To make it into an AI free market solution, change Foreign Worker to “AI system” and the idea mostly just goes through mutatis mutandis:
https://researchrepository.ilo.org/esploro/outputs/journalArticle/Migration-for-the-benefit-of-all/995274442302676/filesAndLinks?index=0
|timestamp=4:45 PM · Mar 20, 2025
|timestamp=4:45 PM · Mar 20, 2025
}}
{{Tweet
|image=NicoleShanahan-profile-I7sQZyKK.jpg
|nameurl=https://x.com/NicoleShanahan/status/1902763981338710505
|name=Nicole Shanahan
|usernameurl=https://x.com/NicoleShanahan
|username=NicoleShanahan
|content=Coasean economics is not only human-affirming in the age of AI, but is elegantly designed for continued economic growth for societies built around principles of free market prosperity, peace and liberty.
|timestamp=4:47 PM · Mar 20, 2025
}}
|media1=ERW-X-post-1902765807123439721-Gmf7airaYAAcMTP.gif
|timestamp=4:54 PM · Mar 20, 2025
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|timestamp=10:08 PM · Oct 9, 2025
|timestamp=10:08 PM · Oct 9, 2025
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== Related Pages ==
== Related Pages ==
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