The Archives

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

Mankiw Makes the Case for McCain's Corporate Tax Cut

The article is in the NY Times (HT: Mankiw).  An excerpt: A cut in the corporate tax as Mr. McCain proposes would initially give a boost to after-tax profits and stock prices, but the results would not end there. A stronger stock market would lead to more capital investment. More investment would lead to greater ... Mankiw Makes the Case for McCain's Corporate Tax Cut

A Few Antitrust Links

Antitrust Review reports on Obama on Antitrust (““We’re going to have an antitrust division in the Justice Department that actually believes in antitrust law. We haven’t had that for the last seven, eight years”) Danny Sokol wants you to sign the letters at the link to support direct appropriations for technical assistance Commissioner Rosch on ... A Few Antitrust Links

The Future of Law and Economics Part 6: Wrap Up & A Brief Reply to Manne on Empirical L&E

In Part V of the series on the future of law and economics (Parts I, II, III, and IV), Henry Manne graciously offered a reply to my thoughts on where L&E might be headed and why. I encourage the readers interested in the series to take time to re-read Henry’s response in its entirety. While ... The Future of Law and Economics Part 6: Wrap Up & A Brief Reply to Manne on Empirical L&E

Peter Klein on Benkler's Wealth of Networks

Peter’s concise and insightful book review is available here and is forthcoming in the Fall 2008 issue of The Independent Review.

The Future of Law and Economics Part 5: A Reply From Henry Manne

I’ve had a wonderful time writing this series on the future of law and economics. When I started the series (Part I, Part II, Part III, and Part IV), I thought it would be a fun thought experiment for me to think through aloud and hopefully start a valuable conversation. By that measure, it has ... The Future of Law and Economics Part 5: A Reply From Henry Manne

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 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

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?