Coase-Sandor Institute for Law and Economics

Saul Levmore, "Coase's Legacy"

Ronald Coase (1910-2013), of Nobel Prize and University of Chicago Law School fame, influences almost every discussion in the modern law school. In this opening talk of the 2013-14 "Chicago's Best Ideas" (CBI) series, Professor Levmore begins by explaining the Coase Theorem -- probably Chicago's very best and certainly best known idea -- and why its appearance was so startling.

A Solution to the Collective Action Problem in Corporate Reorganization

Eric Posner
E. Glen Weyl

The voting rules in Chapter 11 are supposed to ensure that debtor firms are appropriately liquidated or reorganized. However, these convoluted and internally inconsistent rules are poorly designed to produce such outcomes, and there is no evidence that they do.

Chronicle of Higher Ed Looks at Eric Posner's Work on Quadratic Voting

To Avoid Tyranny of the Majority? Sell Votes, Economist Says
Christopher Shea
Chronicle of Higher Education
October 28, 2013

If the dismal spectacle of the government shutdown has created any openness to changing how we elect leaders—and how they make decisions—a young economist at the University of Chicago is ready with a proposal.

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Eric Posner

Lecturer David Evans Lead Author of Study on Consumer Impact of Durbin Amendment

Global Economics Group Releases Study of Impact of Durbin Interchange Fee Caps on Consumers
Enhanced Online News
October 28, 2013

Economists at Global Economics Group, a leading economic consulting firm that advises clients around the world, has released a new 

David Evans

Just Enough

Lee Fennell

Does the constitutional measure of just compensation — fair market value — unfairly undercompensate those whose property is taken through eminent domain? Professor Brian Angelo Lee unpacks this inquiry in his recent article, Just Undercompensation: The Idiosyncratic Premium in Eminent Domain, 113 Colum. L. Rev. 593 (2013).

Malani Aims to Launch New Center for Study of International Health Care Economics and Policies

Expanding health insurance around the world
Greg Borzo
October 17, 2013

The controversial Affordable Care Act of 2010 seeks to extend health insurance to 30 million people in an affluent country where 80 percent of the population already has health insurance.

Anup Malani

Henderson Discusses Shutdown on WBEZ's 'Morning Shift'

Shutdown driving the debate over the role of government
October 15, 2013

The Affordable Care Act has been the main star of the government shutdown, but the conflict between Republicans and Democrats runs much deeper. The gridlock plaguing the nation might be a result of political brinkmanship, but it also has roots in the fundamental question of what role the federal government should play in people’s lives.

M. Todd Henderson

Epstein on Carnegie Hall Labor Dispute

Unions Take High Culture Hostage
Richard A. Epstein
Defining Ideas
October 8, 2013

This past week featured two stories about major orchestras dealing with their adamant unions. The first incident occurred on Wednesday, October 2 at Carnegie Hall in New York City.

Richard A. Epstein

Eric Posner, "Three Ways Obama Could Raise the Debt Ceiling On His Own"

Three Ways Obama Could Raise the Debt Ceiling On His Own
Eric Posner
The New Republic
October 6, 2013

What should the president do if Congress refuses to raise the debt limit? The question is like asking what the president should do if Congress orders him to drop a nuclear bomb on Manhattan. He should act in the public interest and accept the consequences. The legalistic argle-bargle necessary to take him from A to B is almost beside the point.

Eric Posner

Ronald Coase, "China's Economic Transformation: Closing Remarks"

These closing remarks to the "China's Economic Transformation" conference were given by Professor Coase on July 18, 2008.

9:57 minutes (9.12 MB)
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