The Archives

Everything written by Henry G. Manne on law, economics, and more

Remembering Larry: My Friend, Mentee and a Great Intellect

In 1986, when I set out to develop a Law and Economics-oriented law school at George Mason University, I knew that I had a “secret weapon”, the list of about 450 law professors who had by then attended the Law and Economics Center’s Economics Institutes for Law Professors.  I did not have a large budget, ... Remembering Larry: My Friend, Mentee and a Great Intellect

Some Myths About Insider Trading

Henry G. Manne is Dean Emeritus of the George Mason University School of Law and Distinguished Visiting Professor at the Ave Maria School of Law. The SEC is at it again, scandal mongering insider trading.  As usual this is the “biggest insider trading case yet,” as if they were trying for some Guinness record.  Since ... Some Myths About Insider Trading

Henry Manne on Behavioral Overreach

Henry G. Manne is Dean Emeritus at George Mason University School of Law Behavioral Economics, like so many efforts previously to upend the hegemony of the neo-classical market model, will leave some footprints on the intellectual sands of time.  However, there is no way that it can accomplish what many of its disciples seem, subliminally ... Henry Manne on Behavioral Overreach

An open letter on insider trading to Gene Fama and Ken French

[Post bumped to the top, and cross-posted at Organizations & Markets, in light of our technical difficulties last week and in the hopes of eliciting a response — Eds] Dear Gene and Ken: I must say that I was totally flabbergasted when I read your recent blog posting on insider trading.  I know that your ... An open letter on insider trading to Gene Fama and Ken French

An open letter on insider trading to Gene Fama and Ken French

Dear Gene and Ken: I must say that I was totally flabbergasted when I read your recent blog posting on insider trading.  I know that your usual posts on investments, which I often cite to friends, are well-informed and empirically-supported; your work over the years on these topics is important and influential—and rightly so.  Unfortunately, ... An open letter on insider trading to Gene Fama and Ken French