Coase-Sandor Institute for Law and Economics

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.

Reverse Regulatory Arbitrage: An Auction Approach to Regulatory Assignments

 

Author: 
M. Todd Henderson
with: 
Frederick Tung

In the years before the Financial Crisis, banks got to pick their regulators, engaging in a form of regulatory arbitrage that we now know was a race to the bottom. We propose to turn the tables on the banks by allowing regulators, specifically, bank examiners, to choose the banks they regulate.

Epstein on "The Obamacare Quagmire"

The Obamacare Quagmire
Richard A. Epstein
Defining Ideas
August 14, 2012

Now that the Supreme Court has held President Obama’s Patient Protection and Affordable Care Act (ACA) constitutional, mounting evidence suggests that the statute’s most ardent defenders may well come to rue the day.

Faculty: 
Richard A. Epstein

The Institutional Structure of Immigration Law


Author: 
Eric A. Posner

Immigration law scholars should give more attention to the institutional structure of immigration law and, in particular, the way that the government addresses problems of asymmetric information in the course of screening potential migrants and attempting to control their behavior once they arrive.

Epstein on "Thomas Friedman's Fracking Fallacy"

Thomas Friedman's Fracking Fallacy
Richard A. Epstein
Defining Ideas
August 8, 2012

It is amazing how quickly the technological and political landscape can change over a period of only four years. At this point during the 2008 presidential campaign, then-candidate Barack Obama was touting a promising future that featured scads of new jobs in the green energy business. The United States would be able to solve two problems with one bold stroke.

Faculty: 
Richard A. Epstein
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