NPR interview with Ronald Coase
It is here, at age 101. Excerpt:
China’s rapid emergence as a global economic power — one of the most important developments of the past generation — took him completely by surprise.
“I thought it would take 100 years, if not more,” Coase said.
It seemed striking that an economic legend could be so wrong about such an important subject. I asked Coase what he made of this.
“I’ve been wrong so often I don’t find it extraordinary at all,” he said.
For the pointer I thank Daniel Klein.