A key question in the academic and policy debates over the optimal architecture for sovereign debt has long been whether sovereigns should be given... MORE
Courts and commentators have long understood dormant Commerce Clause doctrine to contain two types of cases: discrimination and undue burdens. This... MORE
Courts routinely use low cash bail as a financial incentive to ensure that released defendants appear in court and abstain from crime. This can... MORE
We examine the legal terms in the market for green bonds, debt instruments in which proceeds are earmarked, directly or indirectly, for projects with... MORE
Shifts in academic paradigms are rare. Still, it was not long ago that the values taken to govern the private law were thought to be distinct from... MORE
This chapter describes the rise of transborder anti-bribery law in this century against the background of its twentieth-century origins. It focuses... MORE
This comprehensive textbook applies economic analysis to public law. The economic analysis of law has revolutionized legal scholarship and teaching... MORE
False information causes harm, threatening individuals, groups, and society. Many people struggle to judge the veracity of the information around... MORE
This book is the only text devoted to the legal problems raised by foreign investment and business transactions in emerging markets. Its organization... MORE
As China reformed its economy during the past 44 years, it experienced the fastest sustained expansion by a major economy in history, with an annual... MORE
How dangerous must a person be to justify the state in locking her up for the greater good? The bail reform movement, which aspires to limit pretrial... MORE
My colleague Philip Zelikow has written a thoughtful response to my recent post on this site. I endorse much of what he says. In that post, I had... MORE
The Biden administration wants to sell off the yachts, homes and other luxury assets it has seized from Russian oligarchs and use those proceeds to... MORE
People sometimes want to harm other people. This truism points to a blind spot in law and economics scholarship, which generally assumes that people... MORE
The sale of organs and gametes, the use of commercial surrogates, and trade in blood and plasma are examples of what have been termed "contested... MORE
Shareholder derivative litigation is often critiqued as costly to firms Special litigation committees have been devised as a means to dismiss low-... MORE
Several US states ban employers’ use of credit reports in hiring decisions. This paper evaluates whether these bans help financially distressed... MORE