It is often said that, "If you want to do something right, you better do it yourself." Is this always true? Is there any benefit that comes from delegating a task to other people, and what does this say about the usefulness of people who seemingly "don't produce anything" like real estate agents or grocery store owners?

Do property rights have to be created and enforced from the "top-down" by some government agency, or could it be a product of "emergent" or "spontaneous order" from the "bottom-up"? Explain, and provide examples to support your case.

Summarize Coase's argument in his 1960 paper, "The Problem of Social Cost." More specifically, discuss what Coase said about externalities, the common misconceptions of the "Coase Theorem," and his critique of the Pigouvian advocacy of using taxation to internalize externalities.