The '''Coase theorem''' is a logical truth about [[economics]] that is also immensely helpful in life. It gives primacy to the future over the past, and predicts the triumph of optimal outcomes. This reinforces the close proximity of happiness to those in anxiety or depression, by recognizing that present and future unlimited possibilities are available to all. This theorem debunks hype about wealth; it matters little who owns what, or what the past was. | The '''Coase theorem''' is a logical truth about [[economics]] that is also immensely helpful in life. It gives primacy to the future over the past, and predicts the triumph of optimal outcomes. This reinforces the close proximity of happiness to those in anxiety or depression, by recognizing that present and future unlimited possibilities are available to all. This theorem debunks hype about wealth; it matters little who owns what, or what the past was. |