The Archives

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

Showing results for:  “digital markets act”

Ginsburg and Wright on Behavioral Law and Economics: the Never-Ending Quest for a Third Way

In the brave new world contemplated by the advocates of government policies informed by behavioral law and economics, many more aspects of each individual’s life will be regulated, or more stringently regulated, than at present.  Within the legal academy, the growth of the behavioral law and economics movement has been dramatic.  Surveying all legal publications ... Ginsburg and Wright on Behavioral Law and Economics: the Never-Ending Quest for a Third Way

"Like A Rain Dance That Produces No Clouds"

My colleague Tom Hazlett, along with George Bittlingmayer and Arthur Havenner, provides some economic wisdom on why they don’t call it stimulus anymore: Counter to the predictions put forward a year ago by the Administration, when it claimed that “more than 90 percent of the jobs created are likely to be in the private sector,” ... "Like A Rain Dance That Produces No Clouds"

A proposed amendment to our Constitution

Ask any conservative what the problem with America is today, and the answer you will get is government spending. But ask that same conservative, or any conservative for that matter, what to do about it, and the shoulders will inevitably shrug. Politicians, including conservatives, simply cannot be trusted when they get control of the purse ... A proposed amendment to our Constitution

Wall Street and Vine in the WSJ

Today’s WSJ covers Hollywood’s treatment of business.  And so, of course, they went to the Source (link added): Hollywood has been famously left-leaning for decades, even as it teemed with shrewd business operators. Larry Ribstein, a professor of law at the University of Illinois who wrote a paper called “Wall Street and Vine” about the ... Wall Street and Vine in the WSJ

Law as a Byproduct in Munich

I’m off to the International conference on “Regulatory Competition in Contract Law and Dispute Resolution” at Ludwig-Maximilians-University’s Center for Advanced Studies in Munich.  I’m joining an otherwise illustrious group (here’s the program) to present my and Kobayashi’s Law as a Byproduct. Blogging may be light for the next week (but eating and drinking may be ... Law as a Byproduct in Munich

Don’t Like the Texas Board of Education’s Brainwashing? There’s a Simple Solution.

Lots of liberals, such as Wall Street Journal columnist Thomas Frank and folks from the Huffington Post and People for the American’s Way’s Right Wing Watch, are all up in arms over the Texas Board of Education’s recent efforts to push Texas’s public school curriculum in a decidedly “conservative” direction. As Todd and Josh noted, ... Don’t Like the Texas Board of Education’s Brainwashing? There’s a Simple Solution.

From Today’s New York Times: Uber and Amazon

The Times seems to specialize in stories that use lots of economics but still miss the important points. Two examples from today: Stories about Uber, and about the dispute between Amazon and Hachette. UBER:  The article describes Uber’s using price changes to measure elasticity of demand, and more or less gets it right.  But it ... From Today’s New York Times: Uber and Amazon

CELS 2006 at Texas

When Larry Solum announces that the Conference on Empirical Legal Studies is “one of those events that is likely to be remembered,” it is likely that this will be an important event in the legal academy.  I’ve already started reading a number of interesting papers from this conference, and am excited about presenting my own ... CELS 2006 at Texas

Judge Kozinski on over-criminalizing agency costs

In U.S. v. Goyal, the government contended that the defendant, former CFO of Network Associates, had violated GAAP by causing the company to recognize revenue from certain sales sooner than it should have, and of lying to the company’s auditor.  The jury convicted defendant of securities fraud, false SEC filings, and making materially false statements ... Judge Kozinski on over-criminalizing agency costs

Barack Obama, financial journalist?

When I was a student at the University of Chicago Law School, our president lectured there. I didn’t take any classes from him — he taught stuff I wasn’t interested in — but I had friends who did; all raved. The other day, I opened up my copy of the Law School directory for reasons ... Barack Obama, financial journalist?

Medical Billing: A warning

Recently the Wall Street Journal had an article about medical billing errors.  These can be very costly because they can impact your credit rating.  But there is one billing practice they missed.  Some health care providers (we have found this with two and it is probably more common) begin the billing date as of the ... Medical Billing: A warning

New Paper on SSOs, SEP and Antitrust by Joanna Tsai & Joshua Wright

An important new paper was recently posted to SSRN by Commissioner Joshua Wright and Joanna Tsai.  It addresses a very hot topic in the innovation industries: the role of patented innovation in standard setting organizations (SSO), what are known as standard essential patents (SEP), and whether the nature of the contractual commitment that adheres to a ... New Paper on SSOs, SEP and Antitrust by Joanna Tsai & Joshua Wright