Category Archives: Uncategorized
A life in economics (Angus Deaton edition)
The “Nobel Prize” in economics–or the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2015–is perhaps the most prestigious award in all of the social sciences. Previous winners include our intellectual heroes Thomas Schelling, Ronald Coase, and … Continue reading
The Law & Ethics of Napster
Before Sean Parker discovered Facebook, he had co-founded a company called Napster, a peer-to-peer file-sharing website that allowed users to share MP3 music files with each other (see image below, courtesy of the website “How Stuff Works“). At the time, Napster … Continue reading
Why won’t Richard Epstein update his priors?
In our previous two posts (part 1 and part 2), we summarized Professor Richard Epstein’s critique of the great F. A. Hayek. It is now time to assess Epstein’s criticisms of Hayek–to critique the critique, so to speak. It pains … Continue reading
Epstein on Hayek on Liberty
We will be attending a public lecture later today (10/8) by NYU law professor Richard Epstein on “The Continuing Relevance of Hayek’s The Constitution of Liberty.” If you are in the metro DC area, please join us. The lecture is scheduled for four o’clock in the … Continue reading
Lesson 4: [ thefacebook ]
“I’m thinking we keep it simple and call it the facebook.” –Mark Zuckerberg, as quoted in Mezrich, The Accidental Billionaires, Chapter 11. When Harvard sophomore Mark Zuckerberg registered the Internet domain name for “thefacebook” and began building his new social network … Continue reading
Yes!!! Facebook is about to roll out a Dislike Button
According to this report by Jacob Kastrenakes in The Verge, Facebook is finally about to roll out some kind of Dislike Button … It’s about time; after all, YouTube has had a “thumbs down” or dislike option for years. Paradoxically, … Continue reading
“Honorable Mention”
Last week, the Colegio de Abogados de Puerto Rico–established in 1840 and one of the oldest bar associations in continuous existence in the Americas (for historical perspective, Boston’s bar association was founded in 1802; New York City’s not until in … Continue reading

