I suppose it shouldn’t be surprising that a secondary market has already emerged in California IOUs. A Craigslist search, for example, turns up a number of bidders looking to buy…
Unless they involve a law school dean, of course. But Italian Prime Minister Silvio Berlusconi's diplomacy efforts in anticipation of the G8 summit to be held July 8-10 in the Italian city…
The Financial Times is reporting that Tuesday’s spike in oil prices to their highest level this year was caused by a rogue broker who placed a large bet in the…
In this four part series on law school culture, incentives, and dysfunction, I reviewed some of the arguments in favor of and against the tenure system and maintained that moving…
From Felix Salmon: The Cajun Boy hits the nail on the head when he describes one of the biggest upsides to opening oneself up to the crazies of the internet…
Last week, I blogged about the Ninth Circuit decision in Vernoff v. Astrue, which upheld the Social Security Administration’s (SSA) denial of child survivor benefits to Brandalynn Vernoff, a 10-year-old…
In a sharp divergence from the guidelines of some scientific organizations and the laws of other states, such as California, which forbid such payments, New York last week became the…
Much has been made during the recent economic crisis of the vast difference in household savings rates between the United States and China. The difference has led to the somewhat…
Forget Bernie Madoff. Meet James Amburn, 56, a financial advisor who runs the investment firm Digitalglobalnet, who was kidnapped, beaten, and tortured by four middle-aged investors after Mr. Amburn lost…
A few days ago, I argued that, even assuming that the costs of the tenure system outweighed any benefits, law schools would derive few benefits from abolishing tenure. Most schools…