Coase-Sandor Institute for Law and Economics

Picker Offers EU/Microsoft Cautionary Tale on

New EU Threat to Microsoft Offers a Cautionary Tale
Randal C. Picker
November 6, 2012

European Union antitrust officials announced late last month that they are considering fining Microsoft Corp. (MSFT) for failing to fulfill its antitrust obligations to the EU. The fine could be as high as 10 percent of Microsoft’s annual revenue, or about $7 billion.

Randal C. Picker

Epstein on Michigan's Proposal 2

The Last Gasp of Union Power
Richard A. Epstein
Defining Ideas
October 31, 2012

The hottest topic in Michigan today is not the looming presidential election. Rather, it is Proposal 2—“Protect Our Jobs,” which will constitutionalize collective bargaining in the state for public sector unions. As drafted, the proposal gives to “the people . . .

Richard A. Epstein

Another Look at the Eurobarometer Surveys


The current proposal for a Common European Sales Law (CESL) makes a number of empirical claims in support of its argument that differences in contract law among Member States are stifling trade, and that CESL will address these barriers to cross-border trade.

Epstein's LA Times Op-Ed on Romney, SCOTUS, and the Economy

It's the economy, Supreme Court!
Richard A. Epstein
The Los Angeles Times
October 30, 2012

The Supreme Court has not been much of an issue in this year's election. When it has come up, voters have typically focused their concerns on two issues, abortion and affirmative action. In my view, those issues receive too much attention.

Richard A. Epstein

Voice versus Exit in Health Care Policy


M. Todd Henderson

This essay uses the recent controversy over President Obama’s mandate that insurance companies provide generous birth control coverage to explore larger issues about the optimal locus of health care decision making. Mandates may be justified in some instances, but they sacrifice choice and local variation and perhaps lead to worse social outcomes.

'The Grumpy Economist' Sums Up Paper Presented at Law School Health Care Conference

After the ACA: Freeing the market for health care
John Cochrane
The Grumpy Economist
October 19, 2012

This is an essay, based on a talk I gave at the conference, “The Future of Health Care Reform in the United States,” at the University of Chicago Law School. The pdf version on my webpage may be easier to read than this version, which is a bit long for a blog post.

Epstein on the Election and Health Care Reform

The Obamacare Election
Richard A. Epstein
Defining Ideas
October 24, 2012

As the fractious 2012 presidential campaign careens down to a photo finish, no issue presents a starker contrast between the two candidates than health-care reform.

Richard A. Epstein

Health Care Blog Coverage of Law School Conference

Dr. Yes
David Dranove
The Health Care Blog
October 22, 2012

Last week I attended a conference on health policy at the University of Chicago, where I moderated a panel that examined implementation of the Affordable Care Act. For much of our time, the panel focused on Accountable Care Organizations. Panelists and attendees wondered whether ACOs would meet the same fate as Integrated Delivery Systems of the 1990s.

Law School, Becker Friedman Institute Collaborate for Conference

Meredith Heagney
Law School Office of Communications
October 19, 2012

Professors from the University of Chicago Law School and Chicago Booth collaborated last month for a “Conference on Creditors and Corporate Governance” at the Law School, co-sponsored by the Becker Friedman Institute for Research in Economics and the Institute for Law and Economics.

Douglas G. Baird
Anthony J. Casey

'Modern Healthcare' Examines Malani's Research on Effects of Increased Insurance Coverage on Medical Innovation

Outliers: Will research suffer after reform?
Modern Healthcare
October 13, 2012

Better health insurance coverage—such as that being provided by healthcare reform—may be bad for medical innovation.

That's one conclusion of a study produced by two University of Chicago professors who studied the relationship between insurance coverage and medical breakthroughs.

Anup Malani
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