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Articles 31 - 36 of 36

Full-Text Articles in Law

Organizations And Economics, Richard Adelstein Dec 2009

Organizations And Economics, Richard Adelstein

Richard Adelstein

A contribution to a symposium on a paper by Richard Posner.


Debt As Venture Capital, Darian M. Ibrahim Dec 2009

Debt As Venture Capital, Darian M. Ibrahim

Darian M Ibrahim

Venture debt, or loans to rapid-growth start-ups, is a puzzle. How are start-ups with no track records, positive cash flows, tangible collateral, or personal guarantees from entrepreneurs able to attract billions of dollars in loans each year? And why do start-ups take on debt rather than rely exclusively on equity investments from angel investors and venture capitalists (VCs), as well-known capital structure theories from corporate finance would seem to predict in this context? Using hand-collected interview data and theoretical contributions from finance, economics, and law, this Article solves the puzzle of venture debt by revealing that a start-up’s VC backing …


¿En Qué Momento Se Jodió El Sur? Crecimiento Económico, Derechos De Propiedad Y Regulación Del Crédito En Las Colonias Británicas Y Españolas En América, Enrique Pasquel Dec 2009

¿En Qué Momento Se Jodió El Sur? Crecimiento Económico, Derechos De Propiedad Y Regulación Del Crédito En Las Colonias Británicas Y Españolas En América, Enrique Pasquel

Enrique Pasquel

Las instituciones legales de las colonias británicas y españolas pueden ayudar a explicar los distintos niveles de desarrollo económico en esas regiones. Este artículo se centra en el marco legal de los derechos de propiedad y el mercado del crédito en la época colonial, analizando las políticas de asignación de tierras, el establecimiento de registros, los programas de titulación, las cargas sobre la tierra y las restricciones al crédito.


Regulation By Markets And Higher Education, Benedict Sheehy Dec 2009

Regulation By Markets And Higher Education, Benedict Sheehy

Benedict Sheehy

Markets have a number of uses. One increasingly important use by politicians is as a means of regulating the supply and distribution of goods and services formerly supplied and distributed by governments on non-market bases. The use of markets as a regulator of higher education is not novel. However, the increased reliance on markets as a regulator of higher education is an on-going experiment with certain predictable failures. This article explores the uses of the market in the supply and distribution of higher education and weighs it against the stated policy objectives, with particular attention to the application proposed in …


De Que Forma A Economia Auxilia O Profissional E O Estudioso Do Direito?, Bruno Meyerhof Salama Dec 2009

De Que Forma A Economia Auxilia O Profissional E O Estudioso Do Direito?, Bruno Meyerhof Salama

Bruno Meyerhof Salama

O problema da pertinência entre meios jurídicos e fins normativos é a chave para se entender por que a economia importa para o profissional e o estudioso do direito. Quando há uma quebra nessa relação, o debate no campo dos valores protegíveis pelo direito entra em curto-circuito. Nesses casos, é preciso apelar para uma ferramenta descritiva do mundo.


The Politics And Psychology Of Gasoline Taxes: An Empirical Study, Shi-Ling Hsu Dec 2009

The Politics And Psychology Of Gasoline Taxes: An Empirical Study, Shi-Ling Hsu

Shi-Ling Hsu

No abstract provided.