law and economics

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Latest blogosphere posts tagged “law and economics”

  • For Liberty, Against Democracy


    ANTIDOTEAuthority Authority: 495
    A bumper sticker Scott Horton sent me reads: “Bad Criminals Go To Jail, The Best Go To Washington.” It was shortly after enjoying a great laugh these stickers gave me that I read the news about how MNS chauvinists roughed up an MLA for taking his oath in Hindi. The headline in the Times of India is ...
    17 hours ago
  • The Limits of Antitrust Revisited


    Organizations and MarketsAuthority Authority: 517
    | Dick Langlois | I also just returned from an interesting conference, this one at the Searle Center at Northwestern Law School. The topic was the 25 th anniversary of Frank Easterbrook’s 1984 paper “The Limits of Antitrust.” Here’s the agenda. I don’t think the papers are all available online, but ...
    1 week ago
  • Sidak and Teece on Dynamic Competition


    Organizations and MarketsAuthority Authority: 517
    | Peter Klein | A “neo-Schumpeterian” framework for antitrust analysis that favors dynamic competition over static competition would put less weight on market share and concentration in the assessment of market power and more weight on assessing potential competition and enterprise-level capabilities. By ...
    1 week ago
  • On Mining, Property, IAS and HEICS


    ANTIDOTEAuthority Authority: 495
    Mining – this is the sector in the news today, with two editorials on it. The context is political corruption and subversion of democracy. I recommend both: Mint , here ; and the Express , here . What I would like to add to these learned opinions is something my father once told me. He said, “Son, in the USA ...
    1 week ago
  • An Economic Analysis of Immoral Contracts in Roman Law


    Law & Humanities BlogAuthority Authority: 125
    Péter Cserne, Tilburg Law and Economics Center (TILEC), and Gergely Deli have published "Contracts and Morals: Towards an Economic Analysis of Immoral Contracts in Ancient Rome," as TILEC Discussion Paper 2009-037. Here is the abstract. The way we nowadays think about “immoral” contracts is based on a number of ...
    1 week ago
  • Nemo dat v bona fide


    skepticlawyerAuthority Authority: 511
    Sometimes, both sides of an argument are right. Not just partly right, or right on odd numbered days, or right only under certain circumstances. They’re both right for all time, and — ceteris paribus — under all circumstances.  Some of the thorniest problems in public policy are of this type, and when they ...
    1 week ago
  • Another Ugly, Corrupt, Exploitative MONOPOLY


    ANTIDOTEAuthority Authority: 495
    Mint has come up with an extremely important editorial today, on delays in the judicial system, and their huge economic and social costs. The marginalization of our poor people begins here, they say; this is why the poor take to extremism. All extremist groups operate kangaroo courts. This has increased the costs ...
    2 weeks ago
  • Guru Finds A Guru


    ANTIDOTEAuthority Authority: 495
    Guru and I smoked a great chillum last morn, after which he said something wise. Simple stoners are known to do such things quite often. He said: Saab ji, is desh mein bas Bhola ka naam hai, unka kaam nahin hai. Sadhu-mahatmaon ko bhi charas nahin milti. Hamara kya hoga. Hum tho chhup ke peetay hain. He asked ...
    2 weeks ago
  • Little Brother Is Watching You: New Paternalism on the Slippery Slopes


    ThinkMarketsAuthority Authority: 526
    by Mario Rizzo    Glen Whitman and I have published another article about the new paternalism – it appears in the Arizona Law Review , volume 51, no. 3 (2009). You can get it here .  This article applies a slippery-slope or policy-dynamic analysis to the “moderate” policies proposed by some new ...
    2 weeks ago
  • Against Trade Unionism


    ANTIDOTEAuthority Authority: 495
    There was a big strike in Gurgaon – and one of the eminent opinions on it is in serious error. I was about to start writing when the doorbell called me away. It was the housemaid. And my only thought was this: If anyone cares about “workers,” they should care about these women. They have no unions. Their ...
    2 weeks ago
  • Williamson’s “Economics of Institutions” Syllabus


    Organizations and MarketsAuthority Authority: 517
    | Peter Klein | I was pretty clueless when I started graduate school. I had good undergraduate training in economics, and had the privilege of attending my first Austrian seminar, where I met Murray Rothbard, Hans Hoppe, Roger Garrison, and David Gordon, before beginning graduate work. But I really didn’t know ...
    3 weeks ago
  • The Knowledge Problem of New Paternalism


    ThinkMarketsAuthority Authority: 526
    by Mario Rizzo  Glen Whitman’s and my long-awaited (by us!) paper on the knowledge problem of the new paternalism is finally appearing in The Brigham Young University Law Review this fall. The interested reader can access the final version here . There have been many critiques of the new paternalism but none, ...
    3 weeks ago
  • The Economics Nobel Prize 2009 and Governance


    INDIAN CORPORATE LAWAuthority Authority: 124
    This year’s Nobel Prize has been awarded to Professors Elinor Ostrom and Oliver Williamson for their work in the area of “economic governance”. The significance of this year’s award is its recognition of transaction economics despite its decline due to the financial crisis. Of relevance to our discussion is ...
    4 weeks ago
  • The Thievery Of The Congress, Exposed


    ANTIDOTEAuthority Authority: 495
    I had planned to write a happy Sunday post on my hero, Adam Smith, but the widely reported statement made by our finance minister pranab baboo that his government will work to “strengthen PSUs” forced my hand. [PSUs are Public Sector Units, the State-owned industrial sector, India’s “common loss.”] ...
    4 weeks ago

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