Josh Barro wrote a somewhat controversial op-ed in the NYT attempting to apply the Coase theorem to the negotiation between passengers on a plane about whether or not to recline their seats. Economist Greg Mankiw and political theorist Jim Johnson each posted a short reaction to the paper. See if you can spot the difference in tone. First, here’s Mankiw:
And here’s Johnson:
I wonder what Steve Medema would say.