Contributor(s): Professor Philippe Aghion | This event is the annual Economica Coase lecture. Philippe Aghion is a professor at the College de France and LSE, and a fellow of the Econometric Society and of the American Academy of Arts and Sciences. Oriana Bandiera (@orianabandiera) is a Professor of Economics and the Director of the Suntory and Toyota Centre for Economics and Related Disciplines (STICERD) at the London School of Economics. The Department of Economics at LSE (@LSEEcon) is one of the largest economics departments in the world. Its size ensures that all areas of economics are strongly represented in both research and teaching.