The document summarizes the Perkin reaction, which involves converting an aromatic aldehyde and an anhydride to an α,β-unsaturated carboxylic acid using a base catalyst such as sodium acetate. The reaction proceeds via an E1cb mechanism, which is a two-step process where a base abstracts a proton to form a stabilized anion, whose lone pair of electrons then moves to the neighboring atom to expel a leaving group and form a double bond. Some applications of the Perkin reaction include synthesizing coumarin and the anticoagulant drug warfarin.