Zhang Wuchang: Coase Is 100 Years Old.

December 29th is two years.

Advanced technology is not smart.

Several times before the trial, the effect was mediocre, and it took half an hour in the morning, and no longer could wait.

I talked about it for twenty minutes.

One day, the American time was Coase's centenary. His assistant came to the post to say that Coase was disappointed because he could not hear me and asked me to say again to Coase through the video.

He heard clearly this time.

Speaking from memory, it may be different from what I said earlier.

My wife kept asking me to speak slowly.

This time, I would say more systematically.

First,

Two, my own journey is not bad.

In 60s, he studied and studied price theory from Bao Wen, he Shu FA FA, Allchin, and Bruner and Carnap from scientific methods.

There can be no better chance.

When I arrived in Chicago in 1967, I wrote the theory of tenant farming, and I knew Dafydd's oral tradition and Coase's works very well.

At that time, Freedman focused on money, and he was focused on industrial structure. His interest in researching subjects was closest to Kos.

Three, discussing with Coase is a natural orientation.

I have never heard of his class, nor have I asked him who is right or who is wrong.

What I want to know is Coase's thinking: Why did he ask such questions in 30s? He asked again why he wanted to study the broadcasting industry; why he thought it important was not important.

Knowing how Coase thinks is the reason why I can deeply understand his works.

Later, he told people that I was the one who knew his mind best.

To learn from a thinker is to learn what he thinks and not to care for others.

Today's young people do not understand.

Four, more importantly, Kos's influence on me made me affirm my own path in economics.

In 1967, hirschla said that I might be another Fisher; in 1968, Johnson, Xia Li, said I might be another Samuelson; in spring of 1969, Kos said I might be another Marshall.

But I am Zhang Wuchang, and I want to have my own stuff.

In the two years when Chicago and Coase studied, the biggest gain was that the contract structure and choice that he had groped out from the tenant theory were important.

(Kos is a man of strong character and stubborn opinion. He is indifferent to many theories prevailing at that time.

He kept encouraging me to take my own course of study, perhaps because I was familiar with the tradition of Smith and Marshall, and only increased paction costs and improvements.

)

Five, mentally, I am also a stubborn person.

I have determined my way to go, and I walked for more than 40 years at a stretch without half a difference.

Concentrating on explaining behavior and system operation, it develops the limitation investigation that attaches importance to the real world, attaches importance to the interpretation of concepts and the application of the law of demand.

In these three respects, I am far away from anyone, and the advanced economists in the West may not be able to imagine and deduce. Ten years ago, I wrote three volumes of economic explanation. Today, the overhaul will turn into five volumes.

Only two volumes have been repaired and can be completed in two years.

Six, back to the one hundred years of Coase, it is the most exciting thing in human history.

It is also the most paradoxical: the development of science and technology is the pen of genius, reflecting the wisdom of mankind, but the controversy over ism, the adoption of policies and systems are all stupid.

Who would have thought that in this hard to justify development, China should be like a phoenix flying from the ashes of fire? Thirty years ago, I first thought of it, but I did not expect to take off so fast and so fast.

Seven, to see the Chinese miracle that shook the world, Kos is the happiest westerner I know.

He has a preference for Chinese people. He believes that the descendants of the Yellow Emperor are a great nation. One day they will return to their position.

In December 1980, in Detroit, he tried to persuade me to go back to China to explain the operation of the economic system in Chinese.

There was a vacancy at University of Hong Kong in 1981, and my mother in Hongkong was eighty years old.

When I returned to Hong Kong in 1982, I never thought that I had never written Chinese before, but I did not think I could change anything. It was better than explaining. I wrote three million words for a little bit of concern.

Eight, in two and eight, he wrote the long text of "China's economic system" for Coase. He wanted to report his past gratitude, and wrote it with his heart and soul, and lost five pounds.

It was written to Kos by himself. He was satisfied, I was happy, how other people appreciated or criticized me for being indifferent and lazy.

Nine, Coase hoped that he and my favorite economics can develop in China, it is an interesting illusion.

Of course, it is uncertain, but one thing is certain: no matter whether it is Coase or mine, as long as a Chinese economic school can be produced, it must be the economics that he and I like.

Apart from economic explanations, I see no other competing schools.

What's more, I wrote so much in Chinese, and wrote so long, it was Smith's old pure text writing, with the help of the Internet to spread.

The above is what I said to Kos.

His response is to create a bilingual Economic Journal in China to promote his favorite economics.

He thinks I am still a young man! He is twenty-five years younger than him, 1/4 years apart, not what youth is. For many years, he always thinks this way.

I dare not tell him that Chinese culture is over the past few years, which is twilight.

At last, Kos said that I had only two years of discussion in Chicago and his study. If only there were twenty years to go.

His wife said he was not mistaken. He did not mean to wish for twenty years, but for twenty years.

At the age of 100, Kos's body is fine and enviable. His mind is still very clear.

When he conceived the essence of the company, he was only twenty-one years old. I never heard of another scholar's persistence in an academic discipline for so long.

I think a person who is so persistent in knowledge must be immortal in his experience.

For me, this is an important revelation. It should be a more important revelation for Chinese youth.

I hope that students can understand that learning to put their lives in is really done.

Turning back to China, the revival of China is undoubtedly the greatest gift from the descendants of the Yellow Emperor to the centenary of Coase.

Friends who held a seminar on "Kos and China" produced a beautiful picture album, illustrations and descriptions of the relationship between Kos and China.

This book is also produced carefully and well made. It is not worth much after auction in a hundred years.

But I think they have overlooked one thing: to make Kos happier, they should put in some photos to demonstrate thirty years ago in China and thirty years later.

Over the years, the elderly have been excited about any improvement in China.