Richard Posner is a judge on the United States Court of Appeals for the Seventh Circuit and Senior Lecturer in Law at the University of Chicago Law School. Geoffrey Stone is Harry Kalven, Jr., Distinguished Service Professor of Law at the University of Chicago Law School.
Douglas Baird is Harry A. Bigelow Distinguished Service Professor of Law at the University of Chicago Law School. This talk, which examines the ideas on the nature of the firm that won Ronald Coase a Nobel Prize, was recorded February 7, 2006 as part of the "Chicago's Best Ideas" lecture series.