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November 11, 2013|David Skeel, Dodd-Frank, Hillsdale College

Dodd-Frank: Adversarial Corporatism

by Michael S. Greve|

Last week was the occasion of my first visit ever to Hillsdale College. Wow, was that impressive: it’s sheer bliss to encounter a horde of confident, smart, and serious kids. The reason for my visit was a big campus event on Dodd-Frank; I was one of the invited speakers. The tape is here. It’s based on a manuscript I’m still noodling over. Here’s the gist of it: Conservative-libertarians mope about Dodd-Frank’s subsidies to big financial institutions. They also mope about the feds’ civil and criminal prosecutions of financial institutions—like, J.P. Morgan. My view is that these things are of a piece. As…

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December 16, 2012|CFPB, community banks, David Skeel, Dodd-Frank, Elizabeth Warren, The New Financial Deal, Too Big To Fail

Regulatory Decadence and Dodd-Frank

by Todd Zywicki|

Enacted swiftly in the wake of the financial crisis, the 2,319 pages of the Dodd-Frank Financial Reform legislation contain a thicket of rules overhauling the entire American financial system, creating a bevy of new regulatory entities.  But that is only the tip of the iceberg—for even then, this does not include the thousands of rule-makings, studies, and enforcement actions that will be triggered by Dodd-Frank, nor does it consider all of the international implications of the legislation. Those looking for a roadmap that lays out the basic ideas that animate Dodd-Frank and its key provisions should turn to David Skeel’s book,…

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September 28, 2012|David Skeel, Hadley Arkes, Richard Fisher, Richard Hynes, Richard Reinsch, Ryszard Legutko, Ted Frank, When States Go Broke

Friday Roundup, September 28th

by Richard M. Reinsch II|

Garett Jones at Econ Log matches unemployment benefits with a timeless beer song: 99 weeks of unemployment benefits on the wall, you take one down, spread it around, and it raises unemployment by how much? Ted Frank directs our attention to the lengths the Justice Department will go to in order to defend the use of disparate impact theory as a tool in civil-rights litigation. When States Go Broke: a new faculty book podcast by the Federalist Society featuring David Skeel and Richard Hynes. See also the book of the same title edited by Skeel and Peter Conti-Brown. It's good to live in…

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August 23, 2012|Adrian Vermeule, David Skeel, Eric Posner

What Rule of Law?

by Michael S. Greve|

The redoubtable David Skeel had an op-ed in yesterdaty’s Wall Street Journal: “A Nation Adrift From the Rule of Law.” It’s a bone-chilling must-read. Along the way, amidst horror stories of extra-legal bailouts and prosecutions, Skeel takes issue with the Eric Posner/Adrian Vermeule postmodernism-for-conservatives riff, which says that the rule of law is never worth a dang in a crisis and so why worry. Putting aside that “pushing the envelope isn’t the same thing as flouting the law,” one has to fear to crisis-induced lawlessness become the new normal. In support of this proposition, Skeel cites the Dodd-Frank Act. Hard to…

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Book Reviews

A Mirror of the 20th-Century Congress

by Joseph Postell

Wright undermined the very basis of his local popularity—the decentralized nature of the House—by supporting reforms that gave power to the party leaders.

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The Graces of Flannery O'Connor

by Henry T. Edmondson III

O'Connor's correspondence is a goldmine of piercing insight and startling reflections on everything from literature to philosophy to raising peacocks.

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Liberty Classics

Rereading Politica in the Post-Liberal Moment

by Glenn A. Moots

Althusius offers a rich constitutionalism that empowers persons to thrive alongside one another in deliberate communities.

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James Fenimore Cooper and the American Experiment

by Melissa Matthes

In The American Democrat, James Fenimore Cooper defended democracy against both mob rule and majority tyranny.

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Podcasts

Stuck With Decadence

A discussion with Ross Douthat

Ross Douthat discusses with Richard Reinsch his new book The Decadent Society.

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Can the Postmodern Natural Law Remedy Our Failing Humanism?

A discussion with Graham McAleer

Graham McAleer discusses how postmodern natural law can help us think more coherently about human beings and our actions.

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Did the Civil Rights Constitution Distort American Politics?

A discussion with Christopher Caldwell

Christopher Caldwell discusses his new book, The Age of Entitlement.

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America, Land of Deformed Institutions

A discussion with Yuval Levin

Yuval Levin pinpoints that American alienation and anger emerges from our weak political, social, and religious institutions.

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Law & Liberty’s focus is on the classical liberal tradition of law and political thought and how it shapes a society of free and responsible persons. This site brings together serious debate, commentary, essays, book reviews, interviews, and educational material in a commitment to the first principles of law in a free society. Law & Liberty considers a range of foundational and contemporary legal issues, legal philosophy, and pedagogy.

The opinions expressed on Law & Liberty are solely those of the contributors to the site and do not reflect the opinions of Liberty Fund.
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