COASE, Ronald H.

£250 · Offered by Peter Harrington · No longer available

British Broadcasting. First edition, first impression, of this study of the origins, reputation, and controversies of the BBC's broadcasting monopoly in the mid-20th century. Ronald Coase (1910-2013), then Reader in Economics at the University of London, was awarded the Nobel Prize in Economics in 1991. Although Coase is careful to avoid passing economic judgement on the monopoly itself, his study outlines "a meticulous examination of the historical-institutional features" of the BBC as an organisation (ODNB). ITV, the first commercial broadcaster to break the BBC monopoly, was launched in 1955.

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