The blogosphere and internets are full of tributes to Ronald Coase. And rightly so. Coase’s theory of the firm arguably is a foundational building block for a whole host of fields that many of us are interested in: strategy, organization theory, law and economics and economic sociology.
In honor of his passing, here’s Coase giving the 2003 Coase Lecture, in honor of Coase (yes, Coase talks about the irony of that right at the beginning of the talk; skip to 2:40 in the video).
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Here are some previous mentions of Coase at orgtheory. And here’s a previous post on the “Williamson School,” whose work of course directly builds on Coase.
Utopia, you are standing in it! 
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