I had the fortune of having him my last year at uc l a, before he went back to university chicago where he'd gotten his ph d. He did two path breaking studies while i was at ucl a. One was on the food and drug administration,. The other one was his thing on car safety. I remember teaching that to a class here in moderate a the naval post graduate school, and finding some students were pretty sceptical. It's little too busness bridge too far for any non economists.
Economist and author David Henderson talks about his book (co-authored with Steve Globerman) The Essential UCLA School of Economics with EconTalk host Russ Roberts. Much of the conversation focuses on the work of Armen Alchian and Harold Demsetz, who both saw economics as a powerful tool for understanding human behavior and how the world works.