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Technology, Information, And Bankruptcy, Douglas G. Baird Jan 2007

Technology, Information, And Bankruptcy, Douglas G. Baird

Articles

Financial innovations, spurred by the growth of information technology, have transformed the consumer lending industry. Today lenders have unfettered access to a wider spectrum of borrowers and are better able to assess the likelihood that these borrowers will repay the debt they incur. Consequently, the level of consumer household debt has risen dramatically in the past three decades, and will continue to rise, which will lead naturally to an increase in bankruptcy filings. Although our initial intuition tells us that bankruptcies are bad, the author advances the idea that this development is inevitable and that instead of focusing on amending …


The Second-Order Structure Of Immigration Law, Adam B. Cox, Eric A. Posner Jan 2007

The Second-Order Structure Of Immigration Law, Adam B. Cox, Eric A. Posner

Articles

Immigration law concerns both first-order issues about the number and types of immigrants who should be admitted into a country and second-order design issues concerning the legal rules and institutions that are used to implement those first-order policy goals. The literature has focused on the first set of issues and largely neglected the second. In fact, many current controversies concern the design issues. This Article addresses the second-order dimension and argues that a central design choice all states face is whether to evaluate potential immigrants on the basis of pre-entry characteristics (the ex ante approach) or post-entry conduct (the ex …


The Neoclassical Economics Of Consumer Contracts, Richard A. Epstein Jan 2007

The Neoclassical Economics Of Consumer Contracts, Richard A. Epstein

Articles

No abstract provided.


Introduction To The Italian Edition Of Overdose, Richard A. Epstein Jan 2007

Introduction To The Italian Edition Of Overdose, Richard A. Epstein

Articles

No abstract provided.


Chicago On Vertical Restrictions, Frank H. Easterbrook Jan 2007

Chicago On Vertical Restrictions, Frank H. Easterbrook

Articles

No abstract provided.


Order With Outlaws?, Lee Anne Fennell Jan 2007

Order With Outlaws?, Lee Anne Fennell

Articles

No abstract provided.


Federalism: Executive Power In Wartime, Richard A. Epstein, Roger Pilon, Geoffrey R. Stone, John C. Yoo Jan 2007

Federalism: Executive Power In Wartime, Richard A. Epstein, Roger Pilon, Geoffrey R. Stone, John C. Yoo

Articles

No abstract provided.


The Erosion Of Individual Autonomy In Medical Decisionmaking: Of The Fda And Irbs, Richard A. Epstein Jan 2007

The Erosion Of Individual Autonomy In Medical Decisionmaking: Of The Fda And Irbs, Richard A. Epstein

Articles

No abstract provided.


The International Protection Of Cultural Property: Some Skeptical Observations, Eric A. Posner Jan 2007

The International Protection Of Cultural Property: Some Skeptical Observations, Eric A. Posner

Articles

No abstract provided.


Tribute To Bernard Meltzer, Phil C. Neal Jan 2007

Tribute To Bernard Meltzer, Phil C. Neal

Articles

No abstract provided.


Tribute To Bernard Meltzer, Richard A. Epstein Jan 2007

Tribute To Bernard Meltzer, Richard A. Epstein

Articles

No abstract provided.


Uncapturing Law School Regulation, Saul Levmore Jan 2007

Uncapturing Law School Regulation, Saul Levmore

Articles

No abstract provided.


Reforming Entrapment Doctrine In United States V. Hollingsworth, Richard H. Mcadams Jan 2007

Reforming Entrapment Doctrine In United States V. Hollingsworth, Richard H. Mcadams

Articles

No abstract provided.


Posner On Economic Loss In Tort: Evra Corp V. Swiss Bank, Thomas J. Miles Jan 2007

Posner On Economic Loss In Tort: Evra Corp V. Swiss Bank, Thomas J. Miles

Articles

No abstract provided.


Pulling A Rabbi Out Of His Hat: The Bankruptcy Magic Of Dick Posner, Randal C. Picker Jan 2007

Pulling A Rabbi Out Of His Hat: The Bankruptcy Magic Of Dick Posner, Randal C. Picker

Articles

No abstract provided.


Fair Use V. Fair Access, Randal C. Picker Jan 2007

Fair Use V. Fair Access, Randal C. Picker

Articles

No abstract provided.


Climate Change And International Human Rights Litigation: A Critical Appraisal, Eric A. Posner Jan 2007

Climate Change And International Human Rights Litigation: A Critical Appraisal, Eric A. Posner

Articles

No abstract provided.


The Credible Executive, Eric A. Posner, Adrian Vermeule Jan 2007

The Credible Executive, Eric A. Posner, Adrian Vermeule

Articles

Legal and constitutional theory has focused chiefly on the risk that voters and legislators will trust an ill-motivated executive. This Article addresses the risk that voters and legislators will fail to trust a well-motivated executive. Absent some credible signal of benign motivations, voters will be unable to distinguish good from bad executives and will thus withhold authority that they would have preferred to grant, making all concerned worse off We suggest several mechanisms with which a well-motivated executive can credibly signal his type, including independent commissions within the executive branch; bipartisanship in appointments to the executive branch, or more broadly …


On Learning From Others, Eric A. Posner, Cass R. Sunstein Jan 2007

On Learning From Others, Eric A. Posner, Cass R. Sunstein

Articles

No abstract provided.


Originalism And Emergencies: A Reply To Lawson, Eric A. Posner, Adrian Vermeule Jan 2007

Originalism And Emergencies: A Reply To Lawson, Eric A. Posner, Adrian Vermeule

Articles

No abstract provided.


Tribute To Ronald Dworkin And A Note On Pragmatic Adjudication, Richard A. Posner Jan 2007

Tribute To Ronald Dworkin And A Note On Pragmatic Adjudication, Richard A. Posner

Articles

No abstract provided.


The New Market For Federal Judicial Law Clerks, Richard A. Posner, Christopher Avery, Christine Jolls, Alvin E. Roth Jan 2007

The New Market For Federal Judicial Law Clerks, Richard A. Posner, Christopher Avery, Christine Jolls, Alvin E. Roth

Articles

No abstract provided.


Government Secrecy Vs. Freedom Of The Press, Geoffrey R. Stone Jan 2007

Government Secrecy Vs. Freedom Of The Press, Geoffrey R. Stone

Articles

No abstract provided.


Sex, Violence, And The First Amendment, Geoffrey R. Stone Jan 2007

Sex, Violence, And The First Amendment, Geoffrey R. Stone

Articles

No abstract provided.


National Security V. Civil Liberties, Geoffrey R. Stone Jan 2007

National Security V. Civil Liberties, Geoffrey R. Stone

Articles

No abstract provided.


Origins Of Obscenity, Geoffrey R. Stone Jan 2007

Origins Of Obscenity, Geoffrey R. Stone

Articles

No abstract provided.


The Anti-Formalist, David A. Strauss Jan 2007

The Anti-Formalist, David A. Strauss

Articles

No abstract provided.


The Common Law Genius Of The Warren Court, David A. Strauss Jan 2007

The Common Law Genius Of The Warren Court, David A. Strauss

Articles

The Warren Court's most important decisions-on school segregation, reapportionment, free speech, and criminal procedureare firmly entrenched in the law. But the idea persists, even among those who are sympathetic to the results that the Warren Court reached, that what the Warren Court was doing was somehow not really law: that the Warren Court "made it up," and that the important Warren Court decisions cannot be justified by reference to conventional legal materials. It is true that the Warren Court's most important decisions cannot be easily justified on the basis of the text of the Constitution or the original understandings. But …


Disrupting The Market For Tax Planning, David A. Weisbach Jan 2007

Disrupting The Market For Tax Planning, David A. Weisbach

Articles

No abstract provided.


Paretian Intergenerational Discounting, David A. Weisbach, Dexter Samida Jan 2007

Paretian Intergenerational Discounting, David A. Weisbach, Dexter Samida

Articles

This paper argues that discounting costs and benefits of projects for the opportunity costs of capital Pareto dominates decision criteria that do not discount. It considers and rejects several objections to the Pareto dominance argument, including the problem of making compensating transfers for the costs and benefits of projects and whether taking opportunity costs into account is different than discounting. It also argues that discounting future costs and benefits of projects does not undervalue future generations.