Yoram Barzel: Property Rights, Political Economy, and the Reorganization of Economic Analysis

The article focuses on honoring the economist Yoram Barzel, highlighting his significant impact as a teacher, scholar, and mentor, particularly in the field of property rights and transaction-cost economics, which revitalized price theory within political economy. Barzel's seminal contributions, including his development of the "University of Washington approach" to economic theorizing, continue to influence generations of students and scholars in the field of new institutional economics.

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