Steven Medema

Steven Medema

@spydermed.bsky.social

Economist and historian of economics @ Duke. Unhealthy fascination with the Coase theorem.

1,177 Followers 231 Following 451 Posts Joined Sep 2023
1 month ago

There is no truth to the rumor that there is bbq sauce stain on this flier. That said, there will be good ‘q on offer at the SI, as always. Y’all come join us!

5 0 0 0
1 month ago

There is an article out there that attempts to bring order to the chaos.

2 0 0 0
1 month ago

Absolutely—essential when you start pulling the strings on the theorem’s assumptions and this thinking about those bargaining processes in the real world.

2 0 1 0
1 month ago

I’ll give you monop comp within price theory, as there are moments when it actually matters. (May the blessed Milton and George forgive me.) But game theory is irrelevant in a Coase theorem world thanks to the full and complete information that comes with the zero transaction costs assumption.

4 0 0 0
1 month ago

Geez. Now I can see why I don’t check this site very often!

1 0 1 0
2 months ago

Um …😉

1 0 0 0
2 months ago

For full consideration, applicants should have their completed applications in by January 2, 2026.

5 0 0 0
2 months ago
Front Page | Center for the History of Political Economy

The Center for the History of Political Economy at Duke University is now accepting applications for the 2026-27 Visiting Scholars program.
For a complete description of the program and how to apply, please visit the Center website:

hope.econ.duke.edu

Come join us!

22 10 1 0
3 months ago

Thanks. It really is a great read. I still have the audio tapes (a box or cassettes). Need to digitize them one of these days.

2 0 0 0
3 months ago

I read that story to my students every time I teach my history of economic thought course. The looks on their faces are priceless.

2 0 0 0
7 months ago
Post image Post image

You rang?

3 0 0 0
8 months ago

At the risk of stating the obvious, I have no doubt that Harro would be happy to engage with you on this if you were to contact him via email. (He is not a social media guy.)

And yes, it is a terrific book.

1 0 0 0
10 months ago

That’s one of my best things!

1 0 0 0
10 months ago

Who is Hasan Piker?

2 0 0 0
10 months ago

No, way better. He just wrote my price controls lecture for Econ 101 next spring. Always nice to get a head start on teaching.

4 1 0 0
10 months ago

Go easy on yourself. I threw you off your game by posting something that wasn’t about the Coase theorem.

1 0 1 0
10 months ago

You have a gift for identifying a humorous turn of phrase.

1 0 1 0
10 months ago
Preview
a man in a suit and tie says " thank you thank you " ALT: a man in a suit and tie says " thank you thank you "

If he doesn’t, the court will provide a Heckman correction.

2 0 1 0
10 months ago

I am sui generic!

1 0 0 0
10 months ago
Post image

Who says history of economics research isn’t relevant? Humbled and honored …

12 0 2 0
10 months ago

Smoke and the Bandit.
#WatchTheClassics

1 0 1 0
11 months ago

You need to switch to Wegmans and register for their “insider” program. You get free shit. My trade deficit with them is now down to $600 per month.

1 0 0 0
11 months ago

Priorities FTW.

1 0 0 0
11 months ago
Post image Post image

Shot, chaser.

6 0 0 0
11 months ago

If I disappear after my Econ 101 lecture on international economics in a couple of weeks, at least y’all will know what happened to me. (Upside: I avoid the three weeks of macro lectures.)

4 0 0 0
1 year ago

Amen. Though mine is the 16th-century choral music version. Pure.

1 0 0 0
1 year ago

The Lions sucked until Biden became President.

Casual inference FTW!

1 0 0 0
1 year ago
Post image

Another day, and more winning! Reminds me of the good ol’ days when my Detroit Lions went 0-16. Former glory is being restored!

4 0 2 0
1 year ago
Post image

So much winning.

2 0 0 0
1 year ago

Invest half here and the other half in crypto.

0 0 0 0