Archive for Michael DeBow
The Pursuit of Justice: The Law and Economics of Legal Institutions
Public Choice analysis is the application of economic reasoning—principally the idea that human action is primarily self-interested—to questions drawn from politics and government. It was famously described by James Buchanan as “politics without romance.” To date most Public Choice research has focused on the behavior of political actors. Less attention has been paid to the behavior [...]
30Nov2011 | Michael DeBow | 20 comments | ContinuedТhe Second Bill of Rights: FDR’s Unfinished Revolution and Why We Need It More Than Ever
The problem with the American welfare state, according to Cass Sunstein, is that it is too small. In this book the widely respected University of Chicago law professor argues that the federal government should guarantee Americans a broad range of “economic rights.” Sunstein organizes the book around the story of Franklin Roosevelt’s 1944 State of [...]
14Dec2005 | Michael DeBow | 2 comments | ContinuedReforming Politics in the Age of Leviathan: A Skeptical View
Michael DeBow is a professor of law at the Cumberland Law School of Samford University, in Birmingham, Alabama. The reform of campaign finance and lobbying is a perennial subject for Americans, particularly those of the “good government” persuasion. The reformers’ conventional wisdom on these issues laments the fact that American politicians solicit, and receive, large [...]
1Oct1995 | Michael DeBow | 0 comments | Continued-
The Latest
JPMorgan Chase and Casino Banking
JPMorgan Chase & Co., one of the nation’s leading banks, revealed in May that a London trader racked... Read More
Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More
JPMorgan’s Blunder Is No Market Failure
I am not going to try to defend JPMorgan Chase for its recent, widely reported financial blunders. ... Read More
For Equality; Against Privilege
This TGIF originally ran July 7, 2006. The freedom philosophy can be boiled down to two phrases: for... Read More




