If we ever solve the problems of fixing the broken financial markets that promote Wall Street’s casino capitalism at the expense of productive investments built around relationship banking, the solutions will surely come in many different forms from a diverse set of people. So, it’s not entirely surprising that one solution could yet take the [...]| The Captured Economy
News and Commentary In the Huffington Post, Daniel Maranas writes about the European Union's alternative "waiver" text in its negotiations over the TRIPS waiver. In it, he outlines the proposal (which you can read here) which mainly reiterates the conditions under which member states may use compulsory licensing powers, which are valuable but no substitute [...]| The Captured Economy
News and Commentary On VoxEU's economics podcast, Maurice Obstfeld talks with Tim Phillips about the history of financial globalization and its future. The Cato Institute's Norbert Michel comments on indications that the Fed will incorporate climate factors in its stress tests. "Given the state of both climate models and financial forecasting methods, forcing financial firms [...]| The Captured Economy
News and Commentary At the Diamondback, Shreya Vuttaluru covers ongoing zoning revisions in Prince George's county: it "shouldn’t significantly alter housing and development in College Park, but it could raise housing prices in nearby Langley Park. In light of the proposed changes, activists and experts say there’s a need for affordable housing across the county." [...]| The Captured Economy
News and Commentary Asian News International reports on clashes between police and doctors in Pakistan after the Pakistan Medical Commission made the National Licensing Exam mandatory. Nancy Hemphill reports for Healio on a new California law: "AB 691, introduced by assembly member Ed Chau (D–Monterey Park), authorizes optometrists to administer COVID-19 vaccines permanently and perform [...]| The Captured Economy
Intellectual property (IP) conflict of laws issues in disputes between private parties arise for a variety of reasons. Most infringe the plaintiff’s intellectual property rights in countries X, Y, and Z. Part of the infringing conduct might have been in one jurisdiction, while the effects are felt elsewhere. Infringing material can be instantly distributed to [...]| The Captured Economy
Rent Check The process to become a lawyer in the United States is an arduous one, both objectively speaking and relative to other nations around the world. Peter Van Ness has some suggestions on how we can streamline the process governing entry into the legal profession. News and Commentary For the Hill, Christopher Bates [...]| The Captured Economy
News and Commentary At AEI, Edward Pinto and Tobias Peter present the latest trends in home purchases. "In Sep. 2021, while increases in second and investment purchase rate lock volume continued to outpace primary purchase rate lock volume both in zip codes with high second home share and across the nation, the rate of increase [...]| The Captured Economy
New Research In an NBER working paper, Katharina Bergant and Kristin Forbes utilized the policy responses to COVID-19 "to examine how macroprudential frameworks developed over the past decade performed during a period of heightened financial and economic stress." They find that "although macroprudential tools are being used countercyclically and should therefore help stabilize economies and [...]| The Captured Economy
"If you are absolutely determined to make a lawyer of yourself the thing is more than half done already. It is a small matter whether you read with any one or not. I did not read with any one. Get the books and read and study them in their every feature; and that is the [...]| The Captured Economy