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Few other economists have been read and cited as often as R.H. Coase has been, even though. Coase's aprticular interest has been that part of economic theory that deals with firms, industries, and markets - what is knows as price theory or microeconomics. He has always urged his fellow economists to examine the foundations on which their theory exists, and this volume collects some of his classic articles proibing those very foundations. Many economists today approach aconomics as technicians, Coase approaches it as a philosopher. He thinks and writes in a deep and contemplative way, and and his work is rooted in a careful and deliberative scrutiny of real conditions and a thinking through of their consequences. This colections will be of interest to economists, to legal scholars, and to other social scientists.