Preheat oven to 400 degrees. Trim the lamb, leaving the rib bones as long as possible. Leave about 1/4 inch of fat on the outside of the rack. Cut criss crosses in the fat. Combine all of the remaining ingredients. Put the lamb in a roasting pan and cook it in the oven for 15 minutes. Remove the lamb and reduce heat to 375 degrees. Pat the bread crumb mixture on top of the rack and on the bony side to form a crust. Return to the oven for another 15 minutes. The lamb should be served very pink.
Serves 2-3.