The Archives

The collection of all scholarly commentary on law, economics, and more

Showing results for:  “digital markets act”

Copyright Trolls

A new business model for newspapers?  From Wired (HT: Kevin Ohlhausen): Steve Gibson has a plan to save the media world’s financial crisis — and it’s not the iPad.  Borrowing a page from patent trolls, the CEO of fledgling Las Vegas-based Righthaven has begun buying out the copyrights to newspaper content for the sole purpose ... Copyright Trolls

James M. Buchanan — 1919-2013

Yet another loss of a giant in the world of law and economics.  On December 19, it was Robert Bork.  Today, we lost economist James M. Buchanan, Nobel laureate, George Mason professor, and one of the fathers of Public Choice economics.  Regular readers of TOTM will know that several of us–including yours truly–have been heavily influenced by the insights of Public ... James M. Buchanan — 1919-2013

Washington Privatizes Liquor Sales

Washington voters took a big step in yesterday’s election and approved an initiative, known as I-1183, to privatize state liquor sales.  Privatization of alcohol sales has been an issue I’ve tracked here at TOTM (see e.g., here).  Many states strictly regulate liquor sales through state ownership of liquor stores and required distribution through wholesalers.  These ... Washington Privatizes Liquor Sales

George Will on My “Plausible Judgment” About the Future of the ACA

In his nationally syndicated column this week, Washington Post columnist George Will highlights what he termed my “plausible judgment” (I’m taking that as high praise!) that the Supreme Court’s Affordable Care Act decision “may have made the ACA unworkable, thereby putting it on a path to ultimate extinction.” Will focuses on the first of my three major points ... George Will on My “Plausible Judgment” About the Future of the ACA

Bad and good news for law students

Most of what we hear about the lawyer market tracks current employment figures at law firms. Everybody knows they’re down. Today’s WSJ discusses laid-off lawyers who have found it so bad they’re leaving law altogether and going into things like comedy. But then it’s bad all over, so this may be about the economy. Well, ... Bad and good news for law students

Judge Posner on Financial Reform and the Consumer Financial Protection Bureau

Judge Posner offers his thoughts on financial reform, mostly negative, at Bloomberg.   The thrust of the essay is that the financial regulation produced by the political process has, at best, a poor nexus to the actual causes of the economic crisis, and that what we are left with is primary reorganization and reshuffling to look ... Judge Posner on Financial Reform and the Consumer Financial Protection Bureau

Brussels LLM in Competition Law and Economics

Nicolas Petit, who blogs at Chillin’ Competition and teaches at the University of Liege, has started an ambitious, new LLM in competition law and economics at something called the Brussels School of Competition.  It strikes me as interesting and helpful for being an academic law and economics program focused very clearly on practitioners and practical ... Brussels LLM in Competition Law and Economics

Law school applications and opportunity costs

Many believe that law school applicants have been misled about or just don’t understand the market for legal services. I think it’s worth exploring the alternative hypothesis that law school is college grads’ best opportunity despite the market.   Today’s WSJ discusses one possible basis for this conclusion — college students’ poor choice of what ... Law school applications and opportunity costs

Policies

Posts. The views expressed in posts on this blog are those of the designated author and do not necessarily reflect the views of the other bloggers. With that said, if you find a post particularly insightful, brilliant or the like, you can assume it does reflect the insightfulness, brilliance, etc. of the other bloggers for ... Policies

The origin of option backdating?

An article in yesterday’s NYT describes the genesis of option backdating at Micrel Inc., a silicon valley semiconductor company: Throughout the 1990’s, Silicon Valley companies were locked in an intense battle to recruit employees, and stock options were their primary tool. * * * So when new hires began complaining that the [Micrel’s] volatile share ... The origin of option backdating?

What I’m Watching Now

“The Future of Individual Tax Rates: Effects on Economic Growth and Distribution,” United States Senate Committee on Finance Hearing (HT: Taxprof Blog).  Scheduled witnesses include: Carol Markman (CPA, Feldman, Meinberg & Co.) David Marzahl (President, Center for Economic Progress) Donald Marron (Director, Tax Policy Center) Douglas Holtz-Eakin (President, American Action Forum) Leonard Burman (Professor, Maxwell School, Syracuse ... What I’m Watching Now

Tax

Great. I'm dead, and they're talking about wheat.

Apologies for my relative absence of late: my day job, and all. I know my 3 loyal readers out there (hi Mom!) were wondering about me. Soon, I’ll post more of substance. Meantime, here’s a little chestnut for your bedtime reading pleasure, culled from an article in the Economist. I don’t regularly read the Economist. ... Great. I'm dead, and they're talking about wheat.