Coase is great. On a related note: not long ago, I discovered the wikipedia pages on "Internalization theory" and the "Eclectic paradigm", which descend from h

Coase is great. On a related note: not long ago, I discovered the wikipedia pages on "Internalization theory" and the "Eclectic paradigm", which descend from his ideas. Those views deal a bit more with intellectual property and the fact that knowledge is a non-excludable good (as long as intellectual property rights are difficult to enforce). For me it's interesting to think of how this relates to giant tech companies, their secrecy, and internal-only software stacks. (The eclectic paradigm relates to multinational corporations, which face some alternatives related to location/ownership/internalization.) [1] https://en.wikipedia.org/wiki/Internalization_theory https://en.wikipedia.org/wiki/Internalization_theory [2] https://en.wikipedia.org/wiki/Eclectic_paradigm https://en.wikipedia.org/wiki/Eclectic_paradigm