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Ronald Coase
Coase looking to the camera and smiling, wearing a suit and tie
Coase in Chicago in September 2009
Born (1910-12-29)29 December 1910
Died 2 September 2013(2013-09-02) (aged 102)
Nationality British
Alma mater London School of Economics
Awards Nobel Prize in Economics (1991)

Ronald Harry Coase (29 December 1910 – 2 September 2013) was a British economist. He was a Professor of Economics at the University of Chicago Law School. Coase won the Nobel Prize in Economics in 1991.

Early life

Ronald Harry Coase was born in Willesden, Middlesex, on 29 December 1910. As a child, Coase had a weakness in his legs, which is why he had to wear leg-irons.


Due to this problem, he attended the school for physical defectives. At the age of 12, he was able to enter at the Kilburn Grammar School on scholarship. Coase attended the London School of Economics, where he received a bachelor of commerce degree in 1932.


After studying with the University of London External Programme in 1927–29, Coase entered the London School of Economics, where he took courses with Arnold Plant. He received the Nobel Prize in Economics in 1991.

Coase became the oldest living Nobel laureate before his death in 2013.

Personal life

Coase was married to Marian Hartung from 1937 until his death in 2013. They had no children.


Coase died in Chicago, Illinois on 2 September 2013 from natural causes. He was 102 years old.

  • Schumpeter "Why do Firms Exist?", Economist, 16 December 2010.

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