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Akron Law Café -- Community Blog

From the category archives:

Business

Adam Liptak – Supreme Court Correspondent, The New York Times

March 9, 2010

The University of Akron School of Law’s Joseph G. Miller and William C. Becker Center for Professional Responsibility will offer its inaugural Journalism and the Law Lecture titled “Covering the Roberts Court in the Obama Era: A Reporter’s Reflections.” The lecture will be given by Adam Liptak, Supreme Court Correspondent and columnist for The New [...]

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Business and personal ethics in an economic downturn

February 16, 2010

I was struck recently by the contrast between individuals discussing the personal moral obligation to keep paying the mortgage on a home that is "under water" (they owe much more to the bank than the home is currently worth) and business advice encapsulated in this New York Times Headline:

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Are You Sure You Want Tort Reform?

February 6, 2010

Food for thought here.

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The Unnatural Separation of Liability and Control, and How to Turn Arms-Length Contracts into Fiduciary Relationships

February 4, 2010

Here and here.

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Should the poor own or rent?

February 1, 2010

"I think people need to get past the view that you can't have a successful life without one day owning a home." This from the Atlantic's Business blog, agreeing with Barney Frank's apparent suggestion that the poor should be encouraged to rent, rather than to buy homes. What do you think? Is owning a home part [...]

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More Corporate Rights, Less Corporate Responsibility

January 30, 2010

More here.

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Is the state really just facilitating private ordering when it grants corporate status?

January 23, 2010

I think not.

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It's all politics now.

January 22, 2010

The fundamental premise of the Court's decision in Citizens United v. FEC is that a corporation should have the same First Amendment rights to engage in political speech as any citizen, because a corporation is simply an "association of citizens" in the "corporate form." I think this is going to lead to the politicization of [...]

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Question 2010: Whither USA Inc.?

December 31, 2009

For some time now, the Wall Street Journal has been running a series entitled "USA Inc.", wherein it examines "the consequences of the federal government's deep intervention into the U.S. economy, from Wall Street to Detroit and beyond."  This past Monday, it ran an article entitled "After the Bailouts, Washington's the Boss", wherein it made [...]

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The Efficient Market Hypothesis vs. The Hypothesis That Markets are Efficient

December 17, 2009

Prof. Stephen Brown has posted a paper on SSRN entitled "The Efficient Markets Hypothesis: The Demise of the Demon of Chance?"  The abstract reads as follows (HT: Prof. Ribstein):
Many commentators have suggested that economists in general and financial economists in particular have some responsibility for the recent global financial crisis.  They were blinded by an [...]

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Utopian Economics

December 10, 2009

On my drive to the law school this morning I started listening to John Cassidy's "How Markets Fail: The Logic of Economic Calamities".  Cassidy is a staff writer and blogger at the The New Yorker.  Early on in the book, Cassidy introduces the term "utopian economics"–which he uses to describe, as I understand it, the [...]

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Milton Friedman v. The Buddha

December 3, 2009

There was an interesting article in the Wall Street Journal recently about the economist Arthur Cecil Pigou (1837-1959).  The article describes Mr. Pigou as an economist “whose intellectual legacy is being rediscovered, and, unlike those of Messrs. Keynes and Friedman, it enjoys bipartisan appeal.”  This bipartisan appeal may be a reflection of the fact that [...]

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