Featured Article
Milton Friedman: “Inflation is always and everywhere a monetary phenomenon”
This is another installment in our series of profiles of leading economists from Capitalism and its Critics. Milton Friedman was born in Brooklyn in 1912 and died in San Francisco in 2006 at age 94. He is known as the primary apostle of monetarism, which is the... read more +The Eternal Disequilibrium
Lockstep vs. eat-what-you-kill: Joined at the hip? Legal Week argues, using the apparently unending saga at Clifford-Chance as a journalistic "hook," that the boundary zone between the two models is wide and flexible, not narrow and bright. Now at one...
Twilight of the Boutiques?
Despite the stupefying fact that The Wall Street Journal reported late last year that 45% of Americans believe "literally" in the Biblical story of Creation, whereas only 31% subscribe to the theory of evolution (have you thanked a teacher today?), Darwinian...
Effective or Virtuous: Pick One
Just when the drum-beat of KenLayBernieEbbersDennisKozlowskiMarthaStewart began to seem as unstoppable as, well, a tsunami, the always-refreshing Michael Schrage tees off at "the pea-brained 'ethics-ification' of business decision-making:" "Be...
The “Cloaked” Associates, Chapter 2
It hasn't taken the legal blogosphere long—just barely over the weekend—but help is on the way In Re: Decloaking Associates. David Giacolone may or may not have been the first to suggest it, but as of this morning Kevin Heller at TechLawAdvisor...
“Never Write a Letter and Never Destroy One”
Cardinal Richelieu's words came to mind when Alan Abelson, the wry and engaging author of Barron's weekly "Up and Down Wall Street" column, considered the fate of Boeing's CEO, Harry Stonecipher, who as we all know tendered his resignation to the Board last...