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<center>''The Coase theorem proves that [[infinite]] happiness is available immediately to all, even at their bleakest moments.

<center>''The Coase theorem proves that [[infinite]] happiness is available immediately to all, even at their bleakest moments.<br>This theorem confirms the message of the [[miraculous catch of fish]], numerous [[parable]]s, and the primacy of the future over the past''.</center>

<br>''This theorem confirms the message of the [[miraculous catch of fish]], numerous [[parable]]s, and the primacy of the future over the past''.</center>

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.  [[Infinity|Infinite]] healing is available to all to attain happiness or even [[paradise]] for the future.

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.  [[Infinity|Infinite]] healing is available to all to attain happiness or even [[paradise]] for the future.

The Coase theorem is also a powerful antidote against the media, which falsely portrays some people as being more important than others.  Under the Coase theorem, equal opportunity is available to all, and there is no greater influence based on title, position, or wealth.  The Coase theorem is consistent with the concept of the "[[best of the public]]" and the prohibition in the [[U.S. Constitution]] against nobility.

The Coase theorem is also a powerful antidote against the media, which falsely portrays some people as being more important than others.  Under the Coase theorem, equal opportunity is available to all, and there is no greater influence based on title, position, or wealth.  The Coase theorem is consistent with the concept of the "[[best of the public]]" and the prohibition in the [[U.S. Constitution]] against nobility.

This simple theorem, first published in a 1960 paper<ref>Ronald H. Coase, ''The Problem of Social Cost'', 3 J. Law & Econ. 1 (1960)</ref> by [[Ronald Coase]] who won the Nobel Prize for Economics for this in 1991, has powerful implications for economics, law, politics, and even [[Christianity]].  This theorem reinforces teachings of [[Jesus]], such as the parable of the sprouting seed,<ref>[[Mark 1-8 (Translated)#4:26|Mark 4:26-29]].</ref> and supports [[conservative]] interpretations of the [[Chicago School of Economics]].<ref>The Coase theorem can also be considered the "[[invisible hand]]" on steroids.</ref>

This simple theorem, first published in a 1960 paper<ref>Ronald H. Coase, ''The Problem of Social Cost'', 3 J. Law & Econ. 1 (1960)</ref> The theorem, as shown by [[Ronald Coase]], who won the Nobel Prize for Economics for this in 1991, has powerful implications for economics, law, politics, and even [[Christianity]].  This theorem reinforces teachings of [[Jesus]], such as the parable of the sprouting seed,<ref>[[Mark 1-8 (Translated)#4:26|Mark 4:26-29]].</ref> and supports [[conservative]] interpretations of the [[Chicago School of Economics]].<ref>The Coase theorem can also be considered the "[[invisible hand]]" on steroids.</ref>

The Coase theorem proves the availability of infinite opportunities to all who are productive.  This is helpful in understanding paradoxical miracles and parables.  For example, the [[Multiplication of the loaves]] is a 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 of 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 most productive use of capital in that parable was to "overpay" for the late-arriving workers.

The Coase theorem proves the availability of infinite opportunities to all who are productive.  This is helpful in understanding paradoxical miracles and parables.  For example, the [[Multiplication of the loaves]] is a 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 of 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 most productive use of capital in that parable was to "overpay" for the late-arriving workers.

The implications in politics are that, in a free society, it is almost irrelevant who has wealth and who does not with respect to economic activity.  Useful or desired economic activity will occur regardless of who owns property or wealth.  A list of the wealthiest individuals (Forbes 500) is meaningless, as wealth will flow to efficient activity regardless of who controls the money.

The implications in politics are that, in a free society, it is almost irrelevant who has wealth and who does not with respect to economic activity.  Useful or desired economic activity will occur regardless of who owns property or wealth.  A list of the wealthiest individuals (Forbes 500) is meaningless, as wealth will flow to efficient activity regardless of who controls the money.

A basis for this theorem can be found in the [[Parable of the Talents]].  One's [[faith]] and pleasing of [[God]] does not depend how the talents are divided.  The person given two talents pleases the master just as much as the person given five talents.

A basis for this theorem can be found in the [[Parable of the Talents]].  One's [[faith]] and pleasing of [[God]] does not depend on how the talents are divided.  The person given two talents pleases the master just as much as the person given five talents.

== Politics ==

== Politics ==

== Excuses? ==

== Excuses? ==

The Coase theorem has remarkable power in eliminating excuses for unproductive activity.  Transaction costs are the only real obstacle to efficient, productive activity.  Coining a famous saying, anyone of any means or background might invent a better mousetrap, and then the entire world will beat a path to his door.  There is no real excuse for not realizing the full potential or opportunity, except perhaps transaction costs, and all should agree to reduce or eliminate those.

The Coase theorem has remarkable power in eliminating excuses for unproductive activity.  Transaction costs are the only real obstacle to efficient, productive activity.  To coin a famous saying, anyone of any means or background might invent a better mousetrap, and then the entire world will beat a path to his door.  There is no real excuse for not realizing the full potential or opportunity, except perhaps transaction costs, and all should agree to reduce or eliminate those.

== Markov chain ==

== Markov chain ==

The Coase Theorem states that Pareto optimality, or Pareto efficiency, occurs regardless of who owns the property rights.

The Coase Theorem states that Pareto optimality, or Pareto efficiency, occurs regardless of who owns the property rights.

== Corollary ==

== Corollary ==A corollary is the [[Widow's Mite]] at {{bibleref|Mark|12|41–44}} and {{bibleref|Luke|21|1–4}}, whereby maximum effort by a widow in contributing at a particular time is considered to count for more than larger contributions from excess funds by others.

 

A corollary is the [[Widow's Mite]] at {{bibleref|Mark|12|41–44}} and {{bibleref|Luke|21|1–4}}, whereby maximum effort by a widow in contributing at a particular time is considered to count for more than larger contributions from excess funds by others.

== References ==

== References ==