When Coase Met Keynes
Two great economists cross paths:
RONALD COASE: I can tell you—I was helping when Britain was trying to get a loan from the United States immediately after the war, and I was talking to one of Keynes’s assistants. And Keynes came in the room and walked over to us and the man I was talking to us said, “This is Coase, who is helping us with the statistics. I don’t think you know him.” And Keynes said, “No, I don’t.” And walked off. And that’s my life with Keynes.