A Coasian Solution, named after the economist Ronald Coase, is an economics solution resulting from the use of the Coase Theorem to achieve economic efficiency in the presence of externalities without government intervention.
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“What is history? Its beginning is that of the centuries of systematic work devoted to the solution of the enigma of death, so that death itself may eventually be overcome. That is why people write symphonies, and why they discover mathematical infinity and electromagnetic waves.”
—Boris Pasternak (1890–1960)
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