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Law and Economics

A Category Archive (10 entries)

A Father's Day Tribute

Law and Economics
David Henderson
This tribute is to one of the two people without whom I wouldn't be a father: my daughter. (The other, of course, is my wife.) A little over a year ago, on Mother's Day, my wife and I drove to... MORE

Restless Judge Posner

Law and Economics
David Henderson
Probably the best-known current federal judge who is not a Supreme Court justice is Richard Posner. He has been a judge on the 7th Circuit since 1981. Posner is known for his judicial decisions, his crystal-clear writing style in... MORE

If a President pardons a single individual for violations of the law, it's generally viewed as a legitimate act, within the President's authority. People might view the pardon as unwise, but they generally don't argue that the act was unconstitutional.... MORE

Peter Conti-Brown on the Fed

Law and Economics
Scott Sumner
I just finished Peter Conti-Brown's excellent new book on the Fed. Brown looks at the Fed from the perspective of a political scientist and legal scholar, not an economist, and this produced a lot of interesting and fresh insights. Is... MORE

Is the Limit on Nuclear Liability a Subsidy?

Law and Economics
David Henderson
My fellow UCLA grad and former Council of Economic Advisers senior economist colleague applies Ronald Coase-type thinking to limits on liability for nuclear power plants. He writes: The same principle applies to nuclear construction. If people and owners of property... MORE

Last month, I pointed out Paul Krugman's Orwellian use of language. In discussing the Obama administration's rules on overtime pay, he had written: It [government policy] can also engage in what is sometimes called "predistribution," strengthening the bargaining power of... MORE

The Institutions of Forensic Science

Economics of Crime
Emily Skarbek
Without posting any spoilers, it's fair to say that the new Netflix sensation, Making a Murderer, has sparked a significant discussion on the effectiveness of the US criminal justice system. Bravo. A much more critical attitude towards US incarceration practices... MORE

A Problem with Criminal Law

Economics of Crime
David Henderson
It seems as if there's a strong case for the federal government to charge Hillary Clinton with a fairly serious crime. See here for more details. A former prosecutor named Andy McCarthy states: Given that Congress's array of campaign finance... MORE

Illegal Means Illegal

Economics of Crime
David Henderson
What's the difference between Silk Road and e-Bay? George Washington University political science professor Henry Farrell recently wrote a piece titled "Dark Leviathan." He states his case so well that I won't try to paraphrase it. Instead, I'll quote one... MORE

Henry G. Manne, RIP

Law and Economics
David Henderson
UPDATE Below Henry G. Manne, one of the pathbreaking contributors to Law and Economics, died this morning. I think I first came across his work by following up a footnote in an article in the Journal of Law and Economics... MORE

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