Armen Alchian

I finally finished the 19-page book chapter “In Celebration of Armen Alchian’s Eightieth Birthday” from “Uncertainty and Economic Evolution: Essays in Honor of Armen A. Alchian”.

I have read about Prof. Alchian for many years from his famous Chinese Ph.D. student Prof. Steven N. S. Cheung. So it is really nice to read from other prospective.

I was particularly touched by this quote in “In Celebration“,

Armen is an extremely clever man, but I count as one of the great virtues of his work that it contains no cleverness for the sake of being clever.

Here is Alchian’s insightful article about Property Rights.