I will conclude my friendly reply to Tyler Cowen explaining why Ronald Coase is the GOAT of modern-day economics (and law!) in the next day or two; in the meantime, below is a 2003 lecture delivered by Coase himself:
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I will conclude my friendly reply to Tyler Cowen explaining why Ronald Coase is the GOAT of modern-day economics (and law!) in the next day or two; in the meantime, below is a 2003 lecture delivered by Coase himself:
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prior probability 