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The Coase theorem proves the availability of infinite opportunities to all who are productive.  This is helpful to understanding paradoxical miracles and parables.  For example, the [[Multiplication of the loaves]] is straightforward example of supplies (food) becoming available to further the most productive activity (spreading the [[Gospel]]).  The otherwise baffling [[Parable of the Vineyard Workers]], whereby workers who toil merely at the end the day are paid as much as those who worked the full day, is logical under the Coase Theorem because the owner needed the work done and thus was willing to overpay some for it.

The Coase theorem proves the availability of infinite opportunities to all who are productive.  This is helpful to understanding paradoxical miracles and parables.  For example, the [[Multiplication of the loaves]] is straightforward example of supplies (food) becoming available to further the most productive activity (spreading the [[Gospel]]).  The otherwise baffling [[Parable of the Vineyard Workers]], whereby workers who toil merely at the end the day are paid as much as those who worked the full day, is logical under the Coase Theorem because the owner needed the work done and thus was willing to overpay some for it.

'''''This theorem also illustrates the primacy of the future over the past'''''.  Setbacks or windfalls are rarely as important as they first seem, because the Coase theorem teaches that optimal activity will occur regardless of who owns rights.  The greatest [[chess]] player, Magnus Carlsen, is so good because he can "let go" of strategy and reevaluate options with every new board configuration during a game.  '''''Lottery winners are almost never better off in the long run, and the Coase theorem predicts that apparently paradoxical result'''''.

'''''This theorem also illustrates the primacy of the future over the past'''''.  Setbacks or windfalls are rarely as important as they first seem, because the Coase theorem teaches that optimal activity will occur regardless of who owns rights.  The greatest [[chess]] player, Magnus Carlsen, is so good because he can "let go" of strategy and reevaluate options with every new board configuration during a game.  '''''Lottery winners are almost never better off in the long run, and the Coase theorem predicts that paradoxical result'''''.

The implications in law are that the best a judge can do for the economy as a whole is to minimize transaction costs, such as bureaucracy.  Court decisions that impose additional procedural obligations, such as ''[[Goldberg v. Kelly]]'' (1969), can only detract from overall wealth and efficient economic behavior.  The Coase theorem implicitly holds that many of the legal attempts to improve the economy are illusory, because there is no way to improve over the combination of clear legal entitlements and no government interference.

The implications in law are that the best a judge can do for the economy as a whole is to minimize transaction costs, such as bureaucracy.  Court decisions that impose additional procedural obligations, such as ''[[Goldberg v. Kelly]]'' (1969), can only detract from overall wealth and efficient economic behavior.  The Coase theorem implicitly holds that many of the legal attempts to improve the economy are illusory, because there is no way to improve over the combination of clear legal entitlements and no government interference.