Coase-Sandor Institute for Law and Economics

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)

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

These opening remarks to the "China's Economic Transformation" conference were given by Professor Coase on July 14, 2008.


10:21 minutes (9.47 MB)

Eric Posner Argues that President Can Exceed Debt Ceiling without Congressional Approval

Emergency Powers Let the President Borrow
Eric Posner
New York Times
October 2, 2013

“Constitutions of civil government are not to be framed upon a calculation of existing exigencies, but upon a combination of these with the probable exigencies of ages, according to the natural and tried course of human affairs.

Eric Posner

Epstein on the FDA and Stem-Cell Treatments

Government Overreach Threatens Lives
Richard A. Epstein
Defining Ideas
October 1, 2013

Throughout its long history, the Federal Food and Drug Administration has insisted that its mission is “protecting and promoting your health.” Take that your seriously. In area after area, the record suggests that the paternalist FDA fails you in its announced purpose.

Richard A. Epstein

Eric Posner on Debt Ceiling and Government Shutdown

On the Debt Ceiling, at Least, Congress Will Blink
Eric Posner
September 30, 2013

President Obama shouldn’t let the United States default on the debt, even if this means defying Congress and disregarding the debt limit. However, he shouldn’t, and can’t, stop the government shutdown.

Eric Posner
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