Coase-Sandor Institute for Law and Economics

Omri Ben-Shahar, "No Contract"

A popular type of consumer transaction is called "No Contract." Businesses lure consumers with the "no contract" assurance - a promise that consumer can walk away anytime, without any commitment. This scheme is increasingly common in cable and phone services, health clubs, security services, and other transactions that used to require minimum duration. What is a “No Contract” contract?


53:52 minutes (49.32 MB)

Epstein on Two Recent First Amendment Cases

When Government Distorts the Truth
Richard A. Epstein
Defining Ideas
September 4, 2012

The past several weeks have given rise to two First Amendment cases of great interest, each of which involves the extent to which the state can seek to control the messages that ordinary people and firms deliver to the public at large.

Faculty: 
Richard A. Epstein

2013 Coase Lecture: Tom Ginsburg, "Constitutions as Products"

Date: 
02.12.2013
Location: 
Courtroom

Constitutional lawyers tend to study constitutions as sets of legal rules and judicial decisions. But written constitutions are also products, with different design features: they can be more or less detailed, innovative, or ambitious; they can be produced in a more or less inclusive manner; and they can have a short-term expiration date or be designed for the long haul.

Faculty: 
Tom Ginsburg

Epstein on Hayek

Paul Ryan’s Intellectual Muse
Richard A. Epstein
Defining Ideas
August 28, 2012

My last column for Defining Ideas, “Franklin Delano Obama,” stressed the dangers of Franklin Roosevelt’s “Second Bill of Rights,” which was long on rights but short on any articulation of their correlative duties.

Faculty: 
Richard A. Epstein

International Paretianism: A Defense

 

Author: 
Eric A. Posner
Author: 
David A. Weisbach

A treaty satisfies what we call International Paretianism if it advances the interests of all states that join it, so that no state is made worse off. The principle might seem obvious, but it rules out nearly all the major proposals for a climate treaty, including proposals advanced by academics and by government officials.

Conference on the Future of Health Care Reform in the U.S.

Date: 
10.12.2012
Location: 
Courtroom

Organized by Michael Schill, Dean and Harry N. Wyatt Professor of Law, University of Chicago Law School, Kenneth Polonsky, Richard T.

Faculty: 
Michael H. Schill
Faculty: 
Anup Malani

Epstein Asks if the New Deal Will Revive Itself in 2012

Franklin Delano Obama
Richard A. Epstein
Defining Ideas
August 21, 2012

Eighty years ago, Franklin Roosevelt rode into office at the height of the depression. In many ways, the election of 1932 has much in common with the current campaign. The economic record from 1929 to 1933 was grim.

Faculty: 
Richard A. Epstein

International Law and the Limits of Macroeconomic Cooperation


Author: 
Eric A. Posner
with: 
Alan O. Sykes

The macroeconomic policies of states can produce significant costs and benefits for other states, yet international macroeconomic cooperation has been one of the weakest areas of international law.

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