Author Archives: F. E. Guerra-Pujol
Review of *The Social Reckoning*
My wife and I finally saw Aaron Sorkin’s long-awaited sequel to The Social Network this past weekend. To minimize spoilers, here are my top-three takeaways: The Good: Should Facebook “fact-check” political ads? My favorite scenes in The Social Reckoning are … Continue reading
Some Columbus Day Trivia
Did you know that it was Cristóbal Colón (a/k/a Christopher Columbus) who, in addition to his maritime exploits, initiated the longest-running lawsuit in history? According to Daniel Voelker (see here or here), an attorney who has conducted extensive research on this … Continue reading
Sunday song: Lovin’ you
Isn’t this ballad one of the most beautiful love songs of all time? I think so!
In memoriam: Randal C. Picker
I just discovered that Univeristy of Chicago law professor Randal C. Picker (pictured below) died unexpectedly at age 66 on August 15. (See here.) Although I never had the pleasure of befriending Professor Picker in person, our scholarly paths intersected … Continue reading
No [scientific publications] without [human] representation?
File under A.I. slop or cutting-edge science? Did you know that just a few days ago (6 October 2026, a day that may live in mathematical infamy!) OpenAI published hundreds of manuscripts on unsolved math problems in one fell swoop, … Continue reading
New paper on Adam Smith
Yo, I have posted to SSRN a preprint of my new paper “Adam Smith and the ‘Absurd Prescriptions’ of Doctors“, which surveys Smith’s documented encounters with the doctors and medical treatments of his day. (Full disclosure: I did not use … Continue reading
Pinpointing the time and place Ronald Coase’s eureka moment: Palo Alto, California (1958-59 academic term)
To recap my series of blog posts on Ronald Coase, I have been tracing the intellectual origins of what I like to call “Coase’s axiom”: the counter-intuitive idea that harms are a reciprocal problem. Did his axiom originate with with … Continue reading
Ronald Coase and reciprocal harms (continued): Frank Knight’s reciprocal framing of A. C. Pigou’s road congestion hypothetical
In my previous post, we saw Frank Knight’s critique of A. C. Pigou’s economic analysis of traffic congestion. For Pigou, road congestion is a tragedy of the commons or market failure that requires active government intervention: the imposition of a … Continue reading
Ronald Coase and Frank Knight’s common nemesis: Pigou (or market versus legal failures)
Was it the University of Cambridge economist A. C. Pigou (pictured below) who unwittingly inspired Ronald Coase’s notion of reciprocal harms? We spent most of last week tracing the origins of Ronald Coase’s axiom that harms are a reciprocal problem, … Continue reading

