ReferencesReferences
Friedrich A. Hayek, “The London School of Economics, 1895–1945,”Economica, 13, February 1946, pp. 1–31; Lord Beveridge,The London School of Economics and Its Problems, 1919–1937, London, George Allen, 1960; and Sir Henry Caine,The History of the Foundation of the London School of Economics and Political Science, London, 1963.
Barry Newman, “Academic Paradox: Famed British College Has a Leftish Label It Doesn't Deserve,”Wall Street Journal, July 20. 1981, pp. 1 and 21.
Ibid., p. 1.
James M. Buchanan and G. F. Thirlby evaluate part of that contribution as follows: “Perhaps the most significant L.S.E. impact on modern economics has come through an indirect application of opportunity-cost theory rather than through an undermining of basic cost conceptions. ‘Marginal social cost,’ enthroned by Pigou as a cornerstone of applied welfare economics, was successfully challenged by R. H. Coase a quarter-century after his initial work on cost,” in idem., ed.,L.S.E. Essays on Cost, London, Weidentifield and Nicolson, 1973, pp. 11–12.
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Moss, L. Opening remarks about the LSE panel. Atlantic Economic Journal 10, 1–2 (1982). https://doi.org/10.1007/BF02299941
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DOI: https://doi.org/10.1007/BF02299941