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FTC to Dr. Miles: "I Wish I Knew How to Quit You!"
In April 2000, the FTC issued a Complaint against women’s shoe distributor Nine West, claiming that Nine West had engaged in minimum resale price maintenance (RPM) (i.e., the setting of minimum prices that retailers could charge for its shoes). Apparently, Nine West was providing retailers with lists of “off limits” or “non-promote” shoes that weren’t ... FTC to Dr. Miles: "I Wish I Knew How to Quit You!"
Hell No, Don't Let Them Go!
My colleague and fellow UCLA alumnus Thomas Hazlett and I have published an op-ed in the Chicago Tribune proposing a partial solution, partially inspired by the early exit of Kevin Love from our beloved Bruin basketball squad, to the problem of early exit by potential NBA draftees. We note that the problem is the NCAA ... Hell No, Don't Let Them Go!
Cato Book Forum: Steven Teles on May 14th at Noon
A new Cato Book Forum Wednesday May 14th at Noon: Featuring the author, Steven Teles, University of Maryland and Yale University Law School, with comments from Roger Pilon, Cato Institute and Hon. David McIntosh, Mayer, Brown, Rowe & Maw, former Member of Congress (R-IN), Federalist Society Co-Founder. Starting in the 1970s, conservatives learned that electoral ... Cato Book Forum: Steven Teles on May 14th at Noon
The Future of Law and Economics Part 4: Potential Solutions
In a series of posts (Part I, Part II and Part III), I’ve sketched out how the trend toward increasing detachment in L&E scholarship might reduce the influence of the L&E movement at the retail level and become its ultimate undoing. I must say, writing this series has been a lot of fun but has ... The Future of Law and Economics Part 4: Potential Solutions
The Future of Law and Economics: Does Behavioralism Offer Hope for the Non-Technical?
Josh’s series-in-progress on the future of law and economics (Part I, Part II, Part III…and more to come) is simply fantastic. It’s also a bit depressing for those of us who are economically inclined but lack the skill set required to do sophisticated modeling and/or rigorous empirical work. Josh’s latest post (Part III) suggests there ... The Future of Law and Economics: Does Behavioralism Offer Hope for the Non-Technical?
The Future of Law and Economics Part 3: L&E Scholarship
In previous posts (Part I and Part II) I discussed the increasing trend towards formal mathematics in L&E scholarship and some of the potential issues this raises for the L&E movement as it becomes more detached from the legal academy. This post focuses on another question: What will L&E scholarship in law schools look like ... The Future of Law and Economics Part 3: L&E Scholarship
Microsoft Withdraws Its Bid For Yahoo!
This just in: Microsoft withdrew its most recent bid for Yahoo and announced it will not be making a hostile move for Yahoo. This comes on the heels of the announcement a mere day ago that Yahoo and Microsoft were sitting down to try to hammer out a friendly deal. Fickle, that Microsoft is! Allow ... Microsoft Withdraws Its Bid For Yahoo!
Dammit – DC Madam Hangs Herself
The DC Madam killed herself today, about a week after being found guilty by a jury on prostitution-related charges of money-laundering (among other things). Among her alleged clients are Louisiana Senator David Vitter, former U.S. Deputy Secretary of State Randall Tobias, and Harlan K. Ullman, a senior associate with the Center for Strategic and International Studies, ... Dammit – DC Madam Hangs Herself
Delaware is winning the LLC race.
Dammann and Schundeln have a new paper up on SSRN entitled “Where are Limited Liability Companies Formed? An Empirical Analysis” (see here) that examines the state of formation choice of 64,000+ LLCs. Here’s the abstract: We empirically study the incorporation choices or, more accurately: formation choice, of limited liability companies. Most of the firms in ... Delaware is winning the LLC race.
The Future of Law and Economics Part 2: Mathematics, Retailing L&E, and Detachment
In my previous post, I sketched out some trends in the Law & Economics movement in recent years. Specifically, I’ve focused on the trends towards increasing mathematical formality and specialization within economics as a stand alone discipline. The post triggered some thoughtful responses from Larry Solum and Larry Ribstein for which I am grateful. I ... The Future of Law and Economics Part 2: Mathematics, Retailing L&E, and Detachment
The Future of Law and Economics, Part 1
I’m very interested in the history, the present, and the future of the law and economics methodology and movement. Recently, I’ve been giving some thought to the direction of the movement, especially as it currently exists in the legal academy. Some of my thinking has been inspired by this post from Larry Ribstein, the comments ... The Future of Law and Economics, Part 1
How Should Competition Policy Be Taught?
Harvard’s Einer Elhauge answers the titular question in the newest issue of Competition Policy International, in response to a review of his new textbook Global Antitrust Law and Economics (with Damien Geradin) at the newly revamped Global Competition Policy website. The response essay is less about the particulars of the book than it is about ... How Should Competition Policy Be Taught?
