All Posts Tagged With: "common law"

Government Must Keep Track of Derivatives?

Regardless of what caused the crisis, government efforts to regulate derivatives will only lock in undesirable aspects of the current market and ensure that politically connected players reap artificial gains. It is absurd to ask politicians to promote financial integrity and sound accounting. They are the worst violators of these principles on the planet.

17Jun2009 | Robert P. Murphy | 3 comments | Continued

How a Free Society Could Solve Global Warming

The phrase“global warming” has been around for quite some time, but in the past year it has captured the spotlight as never before. One can’t turn on the radio or open a newspaper without facing ads from “green” corporations, or hearing the latest way to reduce one’s “carbon footprint.” With even prominent Republicans (such as [...]

1Oct2007 | Gene Callahan | 1 comment | Continued

Law’s Order: What Economics Has to Do with Law and Why It Matters by David D. Friedman

Princeton University Press • 2000 • 329 pages • $29.95
Law and economics, or the economic analysis of law, is a relatively new discipline. It was launched in the late 1950s and early 1960s and has grown in importance and in the number of its practitioners ever since. It uses key principles of economics—such as self-interest, [...]

1Mar2001 | Charles W. Baird | 1 comment | Continued