Eric Posner : Courses and Seminars
This course will consider the regulation of banks and other financial institutions in the United States. The focus will be on the current regulatory scheme, with some attention to the recent financial crisis, the history of banking regulation, and proposals for reform. The student's grade will be based on a proctored final examination.
This course, offered over two sequential quarters, is an introduction to commercial and consumer law and lays the foundation for advanced study in commercial transactions, corporations, restitution, consumer credit, insurance, labor and employment law, and investment securities. Substantively, the Contracts course deals with how contracts are formed, which contracts are valid, when a contract has been breached and the various remedies for breach, including damages, specific performance, and restitution. The course is also designed to introduce the student to legal methodology and to compare the common law with the techniques of statutory interpretation, particularly in connection with the Uniform Commercial Code. The student's grade is based on a single final examination.
Public International Law
This course is an introduction to public international law, which is the body of law that nation states have jointly created for the purpose of governing their relations. The course focuses on the sources of international law, international institutions such as the United Nations, international adjudication, and various substantive fields of international law, such as the use of force, human rights, the treatment of aliens, and international environmental law. Grades will be based on class participation and an examination.
Theories of Financial Regulation
This seminar will focus on the intersection between law and finance. We will survey the major theories that explain why and how the government should regulate financial markets. Attention will be given to the movement to deregulate financial markets, the financial crisis of 2008, and the Dodd-Frank Act. The seminar is jointly taught by a law professor and a business school professor with expertise in financial economics. Law students may opt for two credits (series of short reaction papers) or three credits (major paper).
Eric Posner, Luigi Zingales