I've just come across two Coase references in as many days... The first was by way of Cesar Hidalgo's new book "Why Information Grows: The Evolution of Order, from Atoms to Economies" which posits a relatively simple framework for economies based on our favorite topic of information theory. http://www.amazon.com/gp/product/0465048994/ref=as_li_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0465048994&linkCode=as2&tag=itbio-20&linkId=AJJXNTLI3JJ6577T Though I wish it had some significant mathematics in the book to further validate the examples, on it's face his thesis has a lot of general merit and seems logically sound. I'll hope to have a short review of it up shortly.
Thanks for the further references and the podcast.