How Rough Do Dissenters From "Free Market Economics" Have It Anyway?
There are some good posts from several fine economists in the blogosphere responding to this NY Times article suggesting that the majority of economists are “free market” ideologues and those who dissent from laissez-faire dogma are sanctioned by their peers. All are excellent posts worth reading in their entirety and take on various problems with ... How Rough Do Dissenters From "Free Market Economics" Have It Anyway?
Evaluating Leegin
Thom’s excellent post covers most of the important points in Leegin and offers a fairly comprehensive critique of what I deemed to be a surprisingly weak dissent from Justice Breyer. As we’ve noted over and over here at TOTM, the death of Dr. Miles is clearly the right outcome judged based upon the underlying antitrust ... Evaluating Leegin
Rizzo v. Thaler on "Libertarian Paternalism" at Econoblog
See here. My favorite line of the exchange comes from Rizzo in response to Thaler’s inclusion of private choices by firms to adopt automatic savings plans as examples of “libertarian paternalism”: “Is New Paternalism primarily about advising private individuals and firms? If so, why use a political term — libertarian — to identify it? It ... Rizzo v. Thaler on "Libertarian Paternalism" at Econoblog
Twombly: Good, Bad, or Who Cares?
My apologies for the blogging hiatus. I’ve spent the last ten days grading, traveling, grading, being sick, and hanging out with family in sunny San Diego. But now the grading is done, I’m feeling better, and I’ve had an opportunity to do a little blog-speed catch up. I guess the biggest antitrust news is Twombly, ... Twombly: Good, Bad, or Who Cares?
FTC Grocery Antitrust Conference
The FTC’s Bureau of Economics has scheduled a conference that looks very interesting and concerns a subject near and dear to my heart: antitrust in the supermarket! Sadly, I will not be able to attend as I am going to take a little bit of a paper grading/ battery re-charge vacation for the next few ... FTC Grocery Antitrust Conference
2nd Annual Conference on Empirical Legal Studies
From the Conference on Empirical Legal Studies Website: The Second Annual Conference on Empirical Legal Studies will be held at New York University School of Law in New York, New York on Friday November 9 and Saturday November 10, 2007. The conference will feature original empirical and experimental legal scholarship by leading scholars worldwide, from ... 2nd Annual Conference on Empirical Legal Studies
Professor Bainbridge's Complete Guide to Sarbanes-Oxley
Is available here. Here is the description: Congress passed the Sarbanes-Oxley Act in response to major corporate and accounting scandals–and many consider the act to be the most significant change in corporate governance and securities regulations in the past seventy years. SOX requirements have brought about far-reaching changes for public corporations, private corporations, and nonprofits. ... Professor Bainbridge's Complete Guide to Sarbanes-Oxley
Clinton, Obama, and Wal-Mart
At his new and excellent blog Hodak Value, frequent TOTM commentor Marc Hodak offers the following in response to a post at the Daily Kos implying that Wal-Mart’s treatment of its workers should give rise to a level of concern similar to that of the Rwandan genocide: My standard for concern about an organization is ... Clinton, Obama, and Wal-Mart
Testimony on HB 1902 Prohibiting "Pay for Delay" Settlements
David Fischer brings my attention to testimony on HB 1902 which would prohibit “payment for delay” settlements between brand name and generic drug companies. FTC Commissioner Leibowitz testified on the position of my new employer here. I also learned from reading Scott Hemphill’s testimony and submission (Columbia Law), which relies upon and includes some of ... Testimony on HB 1902 Prohibiting "Pay for Delay" Settlements
GMU/ Microsoft Innovation Forum Next Week!
As Geoff noted the other day, The First Annual GMU / Microsoft Annual Conference on the Law and Economics Innovation is now just one week away. It will be Friday, May 4th at GMU Law from 9 am to 4pm. This year’s topic is “The Regulation of Innovation and Economic Growth.” Conference papers and discussion ... GMU/ Microsoft Innovation Forum Next Week!
How Steve Levitt Might Save Economics
There’s been enough attention paid to the question of whether Steve Levitt is ruining economics. I did my share to contribute to the focus on this question. My bad. But now even Levitt himself has responded to Scheiber’s claim that he is ruining economics. His response: “No I haven’t, and you wouldn’t know it if ... How Steve Levitt Might Save Economics
