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8 May 2023, 9:01 pm by Neil H. Buchanan and Michael C. Dorf
When one of the current authors (Buchanan) used to teach economics courses at the university level, consols were a favorite hypothetical financial instrument, because the arithmetic for determining their value is shockingly simple. [read post]
1 May 2023, 9:01 pm by Neil H. Buchanan and Michael C. Dorf
Each day that passes without enactment of legislation raising or suspending the debt ceiling brings the United States and thus the global economy closer to disaster. [read post]
27 Apr 2023, 9:01 pm by Neil H. Buchanan
The media mini-frenzy that followed an incident at Stanford Law School last month seems to have mostly died down. [read post]
19 Apr 2023, 9:01 pm by Neil H. Buchanan
Last week on Verdict, I wrote a column in which I debunked what has quickly become the dominant narrative about a recent controversy at Stanford Law School. [read post]
16 Apr 2023, 9:01 pm by Neil H. Buchanan and Michael C. Dorf
Writing separately, we have suggested that a platinum coin that was deposited with the Fed would count as “debt” and thus would not even achieve the goal of keeping the US below the ceiling (Buchanan) and that advocates’ overly broad reading of the Coinage Act is likely a violation of the reasonableness requirement for agency interpretations that aim to fill statutory gaps (Dorf). [read post]
12 Apr 2023, 9:01 pm by Neil H. Buchanan
For those of us who live our lives in the field of higher education, events that seem internal to our world sometimes unexpectedly burst into public view. [read post]