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Conservatives and the Regulation of Higher Education

TOTM Classical liberals have long derided their conservative cousins for being fairweather friends of small government, but the criticism has been fairly limited. In general, conservatives . . .

Classical liberals have long derided their conservative cousins for being fairweather friends of small government, but the criticism has been fairly limited. In general, conservatives have embraced limited government on matters of economic regulation and have endorsed governmental meddling only on matters involving so-called “values” issues like broadcast decency and homosexuality. Lately, though, conservatives seem ever more willing to embrace big government on matters that seem more economic than values-oriented.

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Nobel Speculation and Some Very Casual Empiricism

TOTM With the Econ Nobel (or for those who feel better using the official label, the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred . . .

With the Econ Nobel (or for those who feel better using the official label, the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel” … ) to be announced on Monday, the time is ripe for speculation. Greg Mankiw, Don Boudreaux, the WSJ, and Tyler Cowen have chimed in on the frontrunners. Cowen predicts Eugene Fama and Richard Thaler for empirical finance while registering his own vote in favor of GMU’s Gordon Tullock (seconded by Boudreaux).

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Update: Vandy’s PhD in Law and Economics

TOTM A few months ago, Keith posted regarding the announcement of Vanderbilt’s new PhD program in Law and Economics. The post generated a lively discussion in . . .

A few months ago, Keith posted regarding the announcement of Vanderbilt’s new PhD program in Law and Economics. The post generated a lively discussion in the comments (and a follow up post here on GMU’s own Law and Econ program). Much of the discussion focused on the following questions: what would such a program should look like? What classes would be taught? And by whom? Well, Vandy has answers! The new (to me at least) website contains a program announcement, information on curriculum design, and a roster of what looks like a truly top notch faculty (which is apparently looking to expand).

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A Few Thoughts on Law School Specialization

TOTM The topic of specialization in law school faculties has come up again in the blogosphere, as tends to be the case around hiring season. Mark . . .

The topic of specialization in law school faculties has come up again in the blogosphere, as tends to be the case around hiring season. Mark Fenster starts us off at Prawfs with a very thoughtful post noting some of the potential costs associated with specialization and concludes…

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Starbucks Antitrust Update

TOTM WSJ Law Blog offers a follow up (and the complaint!) to Keith’s post (also check out the discussion in the comments) on the antitrust suit . . .

WSJ Law Blog offers a follow up (and the complaint!) to Keith’s post (also check out the discussion in the comments) on the antitrust suit filed by an independent coffee shop owner against Starbucks concerning the use of exclusive leases with landowners. After reviewing the complaint, I agree with Lauren Albert, the antitrust lawyer quoted in Lattman’s story who concludes that: “The facts here don’t really seem to allege a violation of antitrust law.” Indeed, they do not.

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Antitrust & Consumer Protection

AEI/Brookings Antitrust Volume

TOTM The AEI and Brookings have released a volume entitled “Antitrust Policy and Vertical Restraints.”  You can check out the contents here, and it is available . . .

The AEI and Brookings have released a volume entitled “Antitrust Policy and Vertical Restraints.”  You can check out the contents here, and it is available for purchase here.

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Antitrust & Consumer Protection

Thoughts on Walker on Backdating

TOTM Professor Ribstein responds to David Walker’s backdating article, which Bill highlighted here at TOTM a few weeks ago. Larry’s take? Read the full piece here. 

Professor Ribstein responds to David Walker’s backdating article, which Bill highlighted here at TOTM a few weeks ago. Larry’s take?

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Financial Regulation & Corporate Governance

Antitrust Canons

TOTM Matt Bodie’s “Canons” project continues over at Prawfs, and antitrust is up to bat.  I took a stab at a reading list which I believe . . .

Matt Bodie’s “Canons” project continues over at Prawfs, and antitrust is up to bat.  I took a stab at a reading list which I believe meet’s Matt’s criteria: articles that are essential to doing antitrust scholarship.  My long, but embarrassingly underinclusive list, is below the fold.  In particular, I have left out a good deal of more technical economics scholarship (though some appears on the list): the literature on merger simulation, post-Chicago models on specific vertical practices, nothing on immunities or exemptions, federalism, etc.

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Intellectual Property & Licensing

More Evidence of an Antitrust Violation Brewing at Elite Schools

TOTM I called it last week. Today’s NYT reports that Princeton has accepted Harvard’s invitation to join it in eliminating early admissions. In addition, the presidents . . .

I called it last week. Today’s NYT reports that Princeton has accepted Harvard’s invitation to join it in eliminating early admissions. In addition, the presidents of eleven elite liberal arts colleges (including Swarthmore, Williams, Barnard, and Amherst) have met to discuss, among other things, collectively eliminating their early admission programs and reducing merit-based aid.

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Antitrust & Consumer Protection