Category Archives: Law

Class No. 10 (Facebook, Inc.)

“It wasn’t about two kids in a dorm room anymore.” –Ben Mezrich, The Accidental Billionaires, Ch. 25. When an entrepreneur starts a new venture, like Mark Zuckerberg did when he launched “thefacebook” at Harvard in the spring of 2004, he … Continue reading

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Markets and morality (final post, for now)

Note: This is the last installment of our series of blog posts reviewing Nathan B. Oman’s new book The Dignity of Commerce. Nate Oman concludes his beautiful book on The Dignity of the Commerce by drawing a fundamental distinction between … Continue reading

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The problem with so-called public meaning originalism

President Trump’s nomination of Judge Gorsuch to the Supreme Court has reignited the longstanding constitutional battle between defenders of the Living Constitution and backers of Originalism. (If this never-ending normative debate were a baseball game, it would be in the 57th … Continue reading

Posted in Academia, Bayesian Reasoning, Current Affairs, History, Law, Philosophy, Politics | 4 Comments

Exit, voice, and boilerplate

Note: This is the fifth of six blog posts on Nate Oman’s new book The Dignity of Commerce: Markets and the Moral Foundation of Contract Law. Now that we have surveyed Professor Oman’s chapter on contract remedies (see our 3/21 … Continue reading

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Self-correcting contracts?

Note: This is the fourth of six blog posts in which we review Nate Oman’s new book The Dignity of Commerce: Markets and the Moral Foundation of Contract Law. After tackling the legal doctrine of consideration in Chapter 5 (see … Continue reading

Posted in Economics, Ethics, Law, Literature, Philosophy | 1 Comment

Class No. 9 (meet the interns)

Welcome back from Spring Break! For our next class, we’re going to go back in time, back to the summer of ’04. That’s when Mark Zuckerberg relocated his new company to Northern California and brought along Facebook’s first two interns, … Continue reading

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The superfluous legal doctrine of consideration?

Note: This is the third of a series of blog posts in which we review Nate Oman’s new book The Dignity of Commerce: Markets and the Moral Foundation of Contract Law. As we mentioned in a previous post, Part I … Continue reading

Posted in Economics, Ethics, Law, Literature | 2 Comments