Schelling!

I'm just thrilled that Thomas Schelling will share with Robert Aumann a piece of this year's Nobel Prize in economics. I had the opportunity to meet Schelling at a conference on self-deception I helped organize for Mercatus. I believe he may well be the most astonishingly articulate person I've ever heard speak. But more important, Schelling is a profound and creative thinker. He deserves to be your intellectual hero. I don't think I truly understood the idea of coordination until I read Schelling's elegant, imaginative, and lucid explanations.

Here is Schelling's 1982 Tanner Lecture, “Ethics, Law, and the Excercise of Self-Command,” which you can also find in his collection of essays Choice and Consequence (along with the Tyler-recommended “The Mind as a Consuming Organ.”) I know of no other economist who writes better prose, or is who is more authentically wise. Big props to the Swedes.