Category: Financial reform
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Mark D. White A minisymposium in the most recent issue of Journal of Economic Metholodogy (December 2010) asks that very question–it seems to be that reflection on methodology is always justified, and it is unfortunate that it took a crisis of this magnitude to spur it. After a brief introduction from Kevin Hoover, the following…
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Mark D. White As I noted earlier, on December 6 and 7 the blog Truth on the Market hosted "Free to Choose?", an online symposium on behavioral law and economics, the contents of which appear below the fold, followed by an excerpt from Josh Wright's introductory comment.
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Mark D. White Following up on Jonathan's post on rules, norms, and contracts from July, I just came across (thanks to ContractsProf Blog) a paper titled "Strategic Default: The Popularization of a Debate Among Contract Scholars" by Meredith R. Miller of Touro College – Jacob D. Fuchsberg Law Center, forthcoming in Cornell Real Estate Journal. I have…
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Mark D. White Harvard law professor Elizabeth Warren, special adviser to the secretary of the Treasury for the Consumer Financial Protection Bureau, has an op-ed in the Wall Street Journal this morning (subscription may be required), in which she argues that simpifying consumer credit products will please both consumers and lenders and will promote competition. After…
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Mark D. White Since the nomination of Harvard law professor Elizabeth Warren to head the Consumer Financial Protection Bureau is currently making headlines (though not as much as if she were a disgruntled flight attendent), I thought it was a good time to share a recent paper of mine, "We've Been Nudged: The Effects of the…