State the Coase Theorem

question 158

Essay

State the Coase theorem.

Understand the historical shift from the torture of prisoners to efforts to control them as discussed by Michel Foucault.

Comprehend Michel Foucault's concept of the archeology of knowledge.

Recognize the period during which madness began to be judged by internal agents according to Michel Foucault.

Understand the development of medical science towards identifying diseases in individuals and epidemics as seen in the Birth of the Clinic.

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