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No, Nudge Was Not on Trial
Slate’s David Weigel ran an otherwise informative piece on Cass Sunstein’s testimony, as head of OIRA, at a recent House Energy and Commerce Committee. The headline? Nudge on Trial: Cass Sunstein...
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Gladwell on US News
Malcolm Gladwell tackles US News college and law school rankings in the 2/14 New Yorker (subscription required). The result is the usual Gladwellian light-headedness, a lot of cleverness but best...
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WAPO Concludes that Vertical Efficiencies Trump Horizontal Market Power
A Washington Post editorial last week reached the surprising conclusion that a series of vertical and horizontal acquisitions that led to a firm owning about 40% of the gas stations in the District of...
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Gretchen Morgenson’s latest scandal
Gretchen Morgenson (with Louise Story), in today’s front-page NYT “newsatorial” reports on and complains about the fact that the SEC’s civil case against Goldman’s Fabrice Tourre (“Fabulous Fab”) in...
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Say on pay as Arab Spring
Did you know that shareholders in US corporations are like oppressed citizens of corrupt governments? Or that “say on pay” is their Arab Spring? If not, you haven’t been reading Gretchen Morgenson....
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DSK and media bias
Bret Stephens wonders why he and fellow journalists ignored the fact that “[a]lmost from the beginning, there was something amiss in the case of People v. Dominique Strauss-Kahn.” He speculates: I did...
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The opportunity costs of the backdating scandal
I have blogged extensively about the waste and injustice of the overblown backdating scandal. (The posts are collected in Ideoblog’s executive compensation archive). Now we have an accounting of the...
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Coding legal arguments
The NYT writes about computerized journalism: The company’s (Narrative Science) software takes data, like that from sports statistics, company financial reports and housing starts and sales, and turns...
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Illinois Corporate Colloquium: Choi on SEC backdating investigations
Yesterday at the Illinois Corporate Colloquium Steve Choi presented his paper (with Pritchard and Weichman), Scandal Enforcement at the SEC: Salience and the Arc of the Option Backdating...
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The NYT on law teaching
The NYT brings another David Segal story on legal education. Today’s sermon: law schools don’t teach “lawyering.” Boiling away the overheated journalism, here’s the indictment: Law profs are richly...
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