As a student at the London School of Economics (LSE), Ronald Coase posed a seemingly naïve question that would, in time …, fundamentally change the face of economics and earn him the Nobel Prize: ‘Why do firms exist?' The import of this simple question … Cost Economics and much of organizational economics more generally. Much has been written of Coase's days as a student at …

principals when these simply do not or cannot apply: "constants" in economics stand in for variables, mathematical equations … ignored. In Dionysian Economics, Ward encourages economists to reintegrate the standard rigor of the scientific method into …. Rather than emphasizing its shortfalls compared to an extremely Apollonian science, such as physics, economics can aspire to …

economics and reality. More precisely, it asks how reality in the form empirical evidence does or does not influence economic … from general to specific. For the general perspective, I examine the following four points of view. First, economics is a … science. Second, economics is an art. Third, economics is a competition. Forth, economics politics. I then examine four …