Coase Theorem and Strip Clubs

The Coase Theorem applied to strip clubs: if moralists really object to a strip club but legal tools aren’t available to shut it down, they can just buy the club and then shut it down.

(I’ve previously blogged on trademark law as a tool to shut down one strip club).

[I post this reluctantly because I’m fretful that I will get AdSense ads keyed to “strip club”–apologies in advance]