By Richard Epstein on March 11, 2014

  Richard Epstein talks with EconTalk host Russ Roberts about the differences between classical liberalism and hard-line libertarianism. What is the proper role of the state? Topics discussed include the Constitution, prudent regulation, contract enforcement, intellectual property, and the Supreme Court case, Lochner vs. New York.? http://bit.ly/1oJFvkP

Read more »

By Rosa M. Abrantes-Metz on March 6, 2014

The Economist has more on the possible gold market fix, including a discussion of our colleague Rosa Abrantes-Metz’s analysis suggesting possible collusion: “Another bit of bad news for the gold market comes from a forthcoming paper by Rosa Abrantes-Metz, of New York University’s Stern School of Business, and her husband Albert Metz, a ratings-agency chief […]

Read more »

By Richard Epstein on March 5, 2014

The executive branch has behaved duplicitously in its dealings with Fannie and Freddie’s private shareholders. Last week, the government announced that it will receive another multi-billion dollar dividend from Fannie Mae and Freddie Mac. That payment will return to the United States Treasury (with interest) all of the $187 billion in bailout money lent to […]

Read more »

By Elisa Mariscal on March 3, 2014

The new telecommunications regulator in Mexico, Instituto Federal de Telecomunicaciones (IFT), recently issued a public consultation on its draft regulation for must carry and must offer (MCMO) conditions in the broadcasting sector. This, together with the recent Constitutional reforms on Telecommunications and Broadcasting, represents an unprecedented opportunity to instill the sector with much needed competition. […]

Read more »

By David S. Evans on February 26, 2014

The crisis du jour for the Bitcoin community yesterday was the collapse of Mt. Gox amid rumors that hundreds of millions of dollars worth of bitcoins had been stolen. While some cynics are claiming this is the death of this cryptocurrency Bitcoin backers are rallying to its defense. In fact, the hysteria over Mt. Gox masks […]

Read more »

By David S. Evans on February 17, 2014

So far Bitcoin is a bust as new payment systems go. That might come as a surprise given all the attention this digital currency has gotten, the many tens of millions of dollars in funding various Bitcoin-related ventures have received, and the volumes written on it every day.  To see what I mean, it’s useful […]

Read more »