The Archives

Everything written by Joshua D. Wright on law, economics, and more

The Future of Empirical Legal Scholarship

Thoughts from John Pfaff (Fordham) here and here.  And here is an excerpt from his first post laying out some of the problems and challenges facing the empirical legal studies movement: So what are the problems we face? 1. An explosion in empirical work. More empirical work is, at some level, a good thing: how ... The Future of Empirical Legal Scholarship

TOTM Symposium Wrap Up

I’d like to formally thank Mike Carrier, Geoff Manne, Phil Weiser, Dan Crane, Brett Frischmann, Scott Kieff and Dennis Crouch for participating in the first TOTM symposium on Mike’s book: Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law.   Thanks also to Dennis for cross-posting at PatentlyO.  Each of the ... TOTM Symposium Wrap Up

Did the Chicago School Overshoot the Mark?

I’ve posted to SSRN a new essay entitled Overshot the Mark?  A Simple Explanation of the Chicago School’s Influence on Antitrust.  It is a book review of Robert Pitofsky’s recent volume How the Chicago School Overshot the Mark: The effect of Conservative Economic Analysis on U.S. Antitrust, and is forthcoming in Volume 5 of Competition ... Did the Chicago School Overshoot the Mark?

The Cousins Recruiting Saga Continues (Again)

It wasn’t too long ago that I blogged about the purported end of the Demarcus Cousins saga.  For TOTM readers that want to catch up to speed, here is how things stood about a month ago: For those who haven’t, Cousins is a blue chip high school basketball recruit who has been bargaining hard with ... The Cousins Recruiting Saga Continues (Again)

Symposium Halftime

We’re halfway through the TOTM symposium on Professor Carrier’s Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law.  I’ve provided links to Monday’s posts on the book related to antitrust issues: Dan Crane Phil Weiser Geoff Manne Josh Wright The comments to those posts are still live.  So feel free ... Symposium Halftime

Wright on Carrier's Innovation in the 21st Century

First, I want to join the rest of the participants in congratulating Professor Carrier on an excellent and well-written book emerging out of a thoughtful and ambitious project. The project, and the book, are provocative, important contributions to the literature, and usefully synthesize many of the most important debates in both antitrust and intellectual property. ... Wright on Carrier's Innovation in the 21st Century

Their Judgment Has Been Otherwise Impeccable

I’m very pleased to announce that starting Fall 2009 I will be a new addition, by way of a courtesy appointment supplementing my primary appointment to the Law School, to the GMU Economics Department.  The department has a wonderful reputation (and ranking) in law and economics (amongst other things of course: its entrepreneurial spirit and ... Their Judgment Has Been Otherwise Impeccable

Capitalism is Good

A friendly reminder from Becker and Murphy: Consider the following extraordinary statistics about the performance of the world economy since 1980. World real gross domestic product grew by about 145 per cent from 1980 to 2007, or by an average of roughly 3.4 per cent a year. The so-called capitalist greed that motivated business people ... Capitalism is Good

Antitrust Pleading After Twombly

Here’s a report from Shearman & Stearling (HT: Point of Law). A few interesting highlights from the report: “federal courts are granting, at almost a 2:1 ratio, defendants’ motions to dismiss.” Sample sizes still too small to say anything meaningful about inter-Circuit variation, but the report tells us that the D.C. Circuit has refused to ... Antitrust Pleading After Twombly

ABA Spring Meetings

I’ll be in DC next week for the ABA Spring Meetings — including teaching an antitrust fundamentals course on basic economic principles on Wednesday morning (along with co-panelists Andrew Gavil (Howard), Erika Brown-Lee (FTC).  One of the panels I’m most interested in watching is the Friday morning enforcers roundtable which looks like it will feature ... ABA Spring Meetings

JLE = UVA Law Review?

Brian Leiter put together an interesting survey on the “top 20” highest quality publishers of legal scholarship.  Here are the top 10: 1. Harvard Law Review  (Condorcet winner: wins contests with all other choices) 2. Yale Law Journal  loses to Harvard Law Review by 112–66 3. Columbia Law Review  loses to Harvard Law Review by 155–43, loses to ... JLE = UVA Law Review?

Congrats Professor Crane

Let me join Danny Sokol in congratulating Dan Crane in accepting a lateral offer at the University of Michigan.  Dan is one the clearest antitrust thinkers around and a bright star in the group of younger antitrust law profs.  I’m a big fan of his work.  But you don’t even have to go download all ... Congrats Professor Crane