Coase-Sandor Institute for Law and Economics

Eric Posner, "In Defense of GM"

In Defense of GM
Eric Posner
April 10, 2014

In the brouhaha over the defective ignition switch that prompted GM to recall 2.6 million cars over the last two months, members of Congress and pundits have judged, tried, and condemned the company’s engineers and executives. Michael Moore wants them to be executed.

Eric Posner

E. Glen Weyl Named to Pacific Standard's '30 Top Thinkers Under 30'

The 30 Top Thinkers Under 30: The Quadratic Voting Inventor Who Wants to Refit the Social Machine
Avital Andrews
Pacific Standard
April 11, 2014

E. Glen Weyl, 28, Economics

“I’ve always been very politically active,” Glen Weyl says. When he was seven years old, he went door to door for Bill Clinton. Under the influence of a British cousin, he was a socialist by sixth grade.

E. Glen Weyl

Coasean Bargaining Over the Structural Constitution

Aziz Huq

The Constitution allocates entitlements to individuals and also institutions such as states and branches. It is familiar fare that individuals’ entitlements are routinely deployed not only as shields against unconstitutional action, but also as bargaining chips when negotiating with the state.

Ronald Coase, 1910-2013: A Tribute

Faculty and alumni pay tribute to Professor Coase on the occasion of his passing this fall at the age of 102.

Ronald Coase, Nobel Prize-­winning economist and member of the University of Chicago Law School faculty since 1964, passed away on September 2, 2013 at the age of 102. Professor Coase was a titan of Law and Economics, as well as an extraordinary colleague and friend.

Ben-Shahar on Government Flood Insurance

Washington Is Encouraging The Next Hurricane Sandy, By Creating New Subsidies For Flood Insurance
Omri Ben-Shahar
March 25, 2014

On the morning after Hurricane Sandy, homeowners along the Atlantic coast awoke to a new reality. Homes were flooded and much of their property ravaged. Not long after, many faced another shock – their insurance premiums were skyrocketing.

Omri Ben-Shahar

Tom Ginsburg, Jonathan Masur, and Richard McAdams, "Temporary Law: The Case of Smoking Bans"

Libertarians often assert that regulation is unnecessary because the market will meet any existing consumer demand. The issue of smoking in bars is a paradigmatic context in which this argument arises. Libertarians argue that bar patrons (and employees) are free to patronize or work in whichever bars they choose.

Participating faculty: 
Tom Ginsburg
Participating faculty: 
Jonathan Masur
Participating faculty: 
Richard H. McAdams

More Than You Wanted to Know: The Failure of Mandated Disclosure

In "More Than You Wanted to Know," Omri Ben-Shahar and Carl E. Schneider analyze the most common, and least useful, form of regulation used today—"mandated disclosure." These are laws that require one party to a transaction to give the other information.

The Future of Housing Finance Reform

Gleacher Center room 306
Contact info (email or phone): 

Joseph Burton,, 773-702-3142

Featuring a conversation with

  • Amir Sufi, Chicago Board of Trade Professor of Finance at the Chicago Booth School of Business
  • Benjamin Keys, Assistant Professor of Economics at the University of Chicago Harris School of Public Policy

Moderated by

Chicago's Best Ideas: Professor M. Todd Henderson, "Do Judges Follow the Law?"

Room II

In a naïve model of judging, Congress writes statutes, which courts know about and then slavishly apply. But a Chicago lawyer might doubt this model, believing judges are maximizing something other than compliance with the law.

M. Todd Henderson
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