Steven Medema
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spydermed.bsky.social
Steven Medema
@spydermed.bsky.social
1.2K followers 230 following 450 posts

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

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Steven G. Medema is an American scholar of economics and the George Family Research Professor in the Department of Economics at Duke University. He is also the associate director of the university's Center for the History of Political Economy, and a research associate in the Duke School of Law. .. more

Economics 79%
Political science 9%
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spydermed.bsky.social
Steven Medema @spydermed.bsky.social · 15h
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!

Reposted by Steven G. Medema

hopecenter.bsky.social
Center for the History of Political Economy @hopecenter.bsky.social · 17h
Apply to join this years HOPE 2026 Summer Institute
hope.econ.duke.edu/The-Summer-I...
@shoet.bsky.social @spydermed.bsky.social

Reposted by Steven G. Medema

spydermed.bsky.social
Steven Medema @spydermed.bsky.social · 24d
There is an article out there that attempts to bring order to the chaos.

spydermed.bsky.social
Steven Medema @spydermed.bsky.social · 24d
Absolutely—essential when you start pulling the strings on the theorem’s assumptions and this thinking about those bargaining processes in the real world.

spydermed.bsky.social
Steven Medema @spydermed.bsky.social · 24d
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.

spydermed.bsky.social
Steven Medema @spydermed.bsky.social · 24d
Geez. Now I can see why I don’t check this site very often!

spydermed.bsky.social
Steven Medema @spydermed.bsky.social · Jan 1
Um …😉

spydermed.bsky.social
Steven Medema @spydermed.bsky.social · Dec 16
For full consideration, applicants should have their completed applications in by January 2, 2026.

Reposted by Fredrik Albritton Jonsson

spydermed.bsky.social
Steven Medema @spydermed.bsky.social · Dec 16
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!
Front Page | Center for the History of Political Economy
hope.econ.duke.edu

spydermed.bsky.social
Steven Medema @spydermed.bsky.social · Dec 7
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.

spydermed.bsky.social
Steven Medema @spydermed.bsky.social · Dec 7
I read that story to my students every time I teach my history of economic thought course. The looks on their faces are priceless.

Reposted by Steven G. Medema

Reposted by Steven G. Medema

Reposted by Steven G. Medema

Reposted by Nicola Giocoli

Reposted by Steven G. Medema, Mark E. Schaffer, Luis Garicano , and 1 more

bengolub.bsky.social
Ben Golub @bengolub.bsky.social · Jan 15
The discussion ending at this tweet is very smart on both sides ( @lugaricano.bsky.social and @shengwuli.bsky.social ), reasonably spicy, and fun to read.
lugaricano.bsky.social Luis Garicano @lugaricano.bsky.social · Jan 14
I don't think the argument for the price system rests on full information. I think it rests on Hayek 1945, hence precisely on dispersed local knowledge --i said that before. But let's leave it here. I think we clarified quite a bit, and I hope some of our readers (if there are any!) learned a bit.

Reposted by Steven G. Medema, Frédéric Marty

aurelien-goutsmedt.com
Aurélien Goutsmedt @aurelien-goutsmedt.com · Jan 21
With @thomasdelcey.bsky.social we are thrilled to release the first version of the French economics PhD database 🎉

tdelcey.github.io/becoming_eco...

Using Sudoc and theses.fr data, we have collected metadata on most PhD defended in France in economics since 1900!

#rstats #opendata #EconSky
We are pleased to announce the release of the French PhD Thesis Database in Economics! This database offers extensive information on the majority of doctoral theses defended in France in the field of economics since 1900. The database is available in .csv format and can be downloaded from its Zenodo Repository. Comprehensive documentation can be accessed here. The French database is implemented as a relational database, integrating multiple interconnected data frames.

Reposted by Steven G. Medema, Justin Sandefur

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · Jan 22
Proposed across the board tariffs as of Feb 1:
Canada 25%
Mexico 25%
China 10%
Other countries 0%

Galaxy brain needed to explain the strategic or economic objectives this meets.