Sam Peltzman talking about future directions of research in the Coasean tradition

Thanks to Jim Rose at the Utopia - you are standing in it blog our attention is drawn to this video of Professor Sam Peltzman talking on the topic of "Future Directions of Research in the Coasean Tradition".


I should point out that the first editor of the Journal of Law and Economics was Milton Friedman's brother in law Aaron Director. Director died at the age of 102 while the second editor, Ronald Coase, also died at the age of 102. I conclude that to live long you need to be the editor of the journal!!