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The Luddites: Crying “Stop” in the Face of Progress
This is another installment in our series of profiles of leading economists from Capitalism and its Critics. It’s our first profiling not a champion of capitalist progress but a stout opponent. Cassidy opens this, Chapter 3 of his work (“The Logic of the Luddites”)... read more +Merger Fever? Do Your Homework
While skeptical of mergers (see below), I'm also of the view that "chance favors the prepared," and that: having a clearly articulated and fundamentally sound strategy going in; recognizing and confronting with clear-eyed vision the issues surrounding...
Henry Kravitz on Line One?
Is there anything interesting to be said of the potential Pillsbury/Shaw-Pittman merger? Regular readers will know that I approach mergers with a jaundiced eye, given their frankly embarrassing track record of destroying rather than creating value in...
Eat Your Spinach
More on Marketing 101 for lawyers: Do you know how to work a room? Are you comfortable delivering an elevator pitch about what you do for your clients? Both these articles cover the basics in reassuring, albeit non-negotiable, terms. For...
Natural Born Pitch-Men?
You would think lawyers should be natural-born pitch-men. Trained to present their case orally and on the page, taught to analytically arrive at the heart of the matter, peeling away dross and marginalia, understanding the appeal of a simple story with a strong...
Debating Affirmative Action: Ideology or Data?
The current issue of the Stanford Law Review has an empirical analysis of the impact of affirmative action in law school admissions on black students, written by UCLA Law Professor Richard Sander, which concludes that the "costs of preferential admissions appear to...