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It is an intimidating challenge, both emotionally and intellectually, to write something of enough worth to celebrate the 80th birthday of Steven Cheung and to honor the memory of Professor Ronald Coase. Both are serious scholars. Coase was a devoted scholar; nothing interested him other than academics. Steve has much wider interests, ranging from photography, calligraphy, to art collection. Nonetheless, both are adamant reformers and determined to change economics. They have set an intimidating standard.

Steven Cheung and Coasian Economics: A Personal Reflection