The principle of the rule of law could usefully guide us in resolving the extraordinary situation we have been in
for the past two years or so, and even more importantly help us to avoid future crises.
Britain's colonial adventures in the West Indies lasted almost five centuries. "Slavery...and the overarching experience of colonialism," as De Barros, et al (2006, xi) write, "have in many ways defined the...Caribbean."
The aim of the social sciences is to explain and understand social phenomena. They are concerned with how the purposeful action of individuals operating on the basis of their own peculiar knowledge of their particular circumstances of time and place bring about orders that no single mind did or could deliberately design. Understanding purposeful human action and, so, the emergence of social phenomena, means understanding the opinions and beliefs that guide individual decision-making.
This essay focuses on Peter Boettke as an undergraduate teacher of economics. This paper discusses the characteristics of an effective teacher in this regard. Peter Boettke embodies all of these characteristics and serves as an example to those who strive to be effective teachers of economic concepts and ideas.
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 has ensured that a shareholder’s ability to place nominees to the board onto the corporate ballot, an objective long advocated by the institutional investor community, will soon be implemented by the Securities and Exchange Commission. Advocates of proxy access urge that it will help hold Boards of Directors accountable to their owners. Critics argue that it will give conflicted shareholders, like unions and state pensions, power they will use to facilitate their political objectives at the expense of ordinary shareholders. The shareholder primacy and director primacy theories of corporate law have framed an extensive debate in the literature. Regardless of which theory holds force, we can expect Boards to implement defensive strategies in the wake of proxy access to limit shareholder power, in the same way that Boards implemented defensive tactics in response to the hostile takeovers of the mid-1980s. Delaware’s review of Board proxy access defenses will shape its role in the foreseeable future in much the same way review of Board takeover defenses shaped its role over the last 20 years.
The world today is seemingly always plugged into the Internet and technologies are constantly sharing data about our personal and professional lives. Device connectivity is on an upward trend with Cisco estimating that 50 billion devices will be connected to the Internet by 2020. Collection and data sharing by these devices introduces a host of new vulnerabilities, raising concerns about safety, security, and privacy for policymakers and regulators.
The F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics invites you to a lecture by Richard Epstein, Laurence A. Tisch Professor of Law and Director, Classical Liberal Institute, New York University School of Law.
In a new set of essays commissioned by the Mercatus Center at George Mason University, seven leading policy experts share innovative ideas on how to solve the pre-existing condition challenge. While their approaches exhibit differences as well as similarities, they are unified in their pursuit of a humane, equitable, fiscally sustainable solution to a conundrum that has driven and strained the entire post–World War II healthcare debate.