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The most embarrassing thing Joe Stiglitz ever wrote?

In case you haven’t already, I recommend taking a gander at today’s New York Time Book Review.  In it, there is a review of Naomi Klein’s new book, The Shock Doctrine, by Nobel-winning economist, Joe Stiglitz.  It’s an abomination (I’m sure the book is an abomination, too, but I’m referring to the book review).  If ... The most embarrassing thing Joe Stiglitz ever wrote?

We Are Not Just Going to Stand Here, We Are Going to Do Something!

That seems to be the message of presidential candidate/ Senator Barak Obama’s response to the American Antitrust Institute’s questions on antitrust (HT: Antitrust Review). First off, kudos to Obama for stating his position on antitrust in a public forum. I hope the rest of the candidates will do the same. Do go read the whole ... We Are Not Just Going to Stand Here, We Are Going to Do Something!

Hello, have you met my friend Ubuntu?

Hello everyone!  I’m glad and excited to be a new part of Truth on the Market.  I’d like to thank Josh for inviting me.  Unfortunately, I’ll be very busy through the end of the year so I probably won’t get to post with great frequency, but I look forward to posting more in the future. ... Hello, have you met my friend Ubuntu?

EU

Advice to Chemerinsky Series

Over at TaxProf Blog is an interesting series on “advice to Dean Chemerinsky” from various folks throughout the legal academy.  Here are my three favorites: Gordon Smith (Ditch co-curricular offerings, law reviews, moot court, clinics, and writing programs and use the money to improve classroom education) Bill Henderson (UC’s brand name and location will get you ... Advice to Chemerinsky Series

Antitrust and Real Business Cycle Theory

Andrew Young and William Shughart II have posted an interesting paper (forthcoming in Public Choice) entitled “The Consequences of the U.S. DOJ’s Antitrust Activities: A Macroeconomic Perspective.”  Here’s the abstract: Do the antitrust law enforcement activities of the US Department of Justice act as exogenous “technology shocksâ€, an essential element of real business cycle theory ... Antitrust and Real Business Cycle Theory

Another Type of Compassionate Conservatism

While traveling this weekend, I got a chance to begin Alan Greenspan’s new book, The Age of Turbulence. It’s a pretty fun read, blissfully light on Fedspeak. (Apparently, Greenspan’s gift in that department was hereditary. Early in the book, he notes that his father had written a book on the New Deal entitled “Recovery Ahead!” ... Another Type of Compassionate Conservatism

Forget About the Bar Exam, Take Antitrust …

Melissa Lafsky at the Freakonomics Blog reports on a study showing no relationship between law school courseload choices and bar passage rates (except in the third quartile of students apparently).  So what to do?  Yet another reason to take antitrust (and I guess other specialized electives if you insist …) rather than enrolling in bar ... Forget About the Bar Exam, Take Antitrust …

Behavioral Law and Economics of Contracts

After receiving the page proofs last week, I’m posting “Behavioral Law and Economics, Paternalism, and Consumer Contracts: An Empirical Perspective” to SSRN. I wrote this paper for last year’s NYU Journal of Law & Liberty Symposium on Behavioral Economics’ Challenge to the Classical Liberal Program. The basic idea of the paper is an evaluation of ... Behavioral Law and Economics of Contracts

Professor Bainbridge is Back

ProfessorBainbridge.com is up and running as a “hub” for Prof. B’s three blogs on politics, law and economics, and wine and food.  The new site looks pretty sharp too!  Go check it out.

Here We Go Again? The Transatlantic Fireworks over Microsoft Begin …

EU Competition Commissioner Neelie Kroes responds to the USDOJ Antitrust AG’s criticism of the recent Microsoft decision: “It is totally unacceptable that a representative of the U.S. administration criticized an independent court of law outside its jurisdiction … The European Commission does not pass judgment on rulings by U.S. courts, and we expect the same ... Here We Go Again? The Transatlantic Fireworks over Microsoft Begin …

Businesses Clamoring for More Regulation — It’s Like Rain on Your Wedding Day.

Within the last few days, the nation’s two most prominent newspapers have reported an interesting trend: businesses are seeking more government regulation. On Sunday, the New York Times ran an article entitled In Turnaround, Industries Seek U.S. Regulation. Yesterday’s Wall Street Journal featured Food Makers Get Appetite for Regulation. Some might argue that this is ... Businesses Clamoring for More Regulation — It’s Like Rain on Your Wedding Day.

Obnoxious, Disruptive, Worth a Debilitating Electrical Charge

Have any of you actually watched the video of the University of Florida student, Andrew Meyer, who was tasered (shocked with a stun gun that emits a “debilitating electrical charge“) by UF Police at a discussion with Senator John Kerry?  The student was asking a series of questions of Senator Kerry, and apparently the student ... Obnoxious, Disruptive, Worth a Debilitating Electrical Charge