Gary Leff explains why here. The key question, however, is whether such fees should be declared illegal or should be otherwise regulated. That is, what is the optimal level of regulation in this case. (Put another way, what would the late Ronald Coase say?)
Hey, where did you get your priors?
Entertaining and informing... I think
Never Wanted Perfect Just Real
Until I know this sure uncertainty, I'll entertain the offered fallacy.
The ramblings of a retiree who cycles and cooks in France
Philosophical thought from an amateur and armchair thinker. No expertise, just speculation.
Read to Re-Activate your Thoughts
BOOK REVIEWS
Obsession driven to infinity
BY GRACE THROUGH FAITH
Natalia's space
hoping we know we're living the dream
Lover of math. Bad at drawing.
Natalie. Writer. Photographer. Etc.
Blog about economic history & comparative development
We hike, bike, and discover Central Florida and beyond
A blog about economics, politics and the random interests of forty-something professors
Making it big in business after age 40
Reasoning about reasoning, mathematically.
I don't mean to sound critical, but I am; so that's how it comes across
Your muse for all things beautiful.
A little place for big ideas.
development.growth.macro
remember the good old days...
"Let me live, love and say it well in good sentences." - Sylvia Plath
Travel Well
Writing, Reading and Loving Like a Mother
Neuroscience and psychology news and views.
a personal view of the theory of computation
Logic at Columbia University
Editor and writer. Interested in tiny things, unhealthy nostalgia, old jungle mixtapes, my little homestead, and my cats. Not to be fed after midnight.
Just like the Thesis Whisperer - but with more money
reality in bits: economics, technology, and thought
the sky is no longer the limit
Technology, Culture, and Ethics
Just like the horse whisperer - but with more pages
Smart and surprising
Memoir, poetry, & writing theory
