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[PAST EVENT] Why Economists Use Imaginary Worlds: The Coase Theorem and Why Law Matters
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The Center for the Study of Law and Markets at William & Mary Law School will host a lecture by Steven G. Medema, Research Professor of Economics at Duke University. The lecture is titled "Why Do Economists Use Imaginary Worlds? What the Coase Theorem Tells Us About Why Law Matters.” Admission is free and all are welcome.
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About Steven G. Medema
Steven Medema’s research focuses on the history of modern economics, though his writings range over subjects as diverse as the Ancient Greeks, Adam Smith, and British philosopher Henry Sidgwick. The thread that unites much of his research is the analysis of the interplay between markets and government in the history of economic ideas. His current project, funded by the National Endowment for the Humanities and the Institute for New Economic Thinking, examines the history of the Coase theorem and its influence in economics, law, and beyond. Professor Medema serves as an associate editor or editorial board member of several history of economics journals and was editor of the Journal of the History of Economic Thought from 1999 – 2008. He also serves as the Associate Director of the Center for the History of Political Economy at Duke. Read more on the Duke University website.