Buchanan Center Presents Distinguished Lecture for March

Posted: March 16, 2001 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am

Harold Demsetz, Arthur Andersen UCLA Alumni Emeritus Professor of Business Economics at the University of California, Los Angeles, presents “The Importance of Ownership Structure” on Monday, March 19, as part of the James M. Buchanan Center for Political Economy’s Distinguished Lecture Series in Law and Economics.

Demsetz, a founding father of the field of law and economics, is credited with discovering the economic theory of property rights in a 1967 paper titled “Toward a Theory of Property Rights,” published in the American Economic Review. Throughout his career he has maintained a curiosity about why certain institutional arrangements arise and survive. In this respect, he has carried forward the tradition of political economy that runs from the 18th-century Scottish Enlightenment through the seminal writings of Ronald Coase.

The lecture is held in Arlington I, Room 121, from 4:30 to 6 p.m. A reception follows in the School of Law Atrium.

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