Ages ago, at my first-year law school orientation, my classmates were told "If you only know the law, then you do not know the law at all." I took the words to heart as I made my way through law school, through law practice and, now, into law teaching. The Cosmopolitan Lawyer lists readings, many non-law, which are influencing my thinking about law. It is my effort to be, and to encourage others to be, more cosmopolitan--and, thus, less parochial--in thinking about law.
June 7, 2011
UNREGULATED MARKETS ARE NOT ALWAYS GOOD
Eliot Spitzer, Government's Place in the Market (A Boston Review Book) (Cambridge, Massachusetts, & London, England: MIT Press, 2011) ("Only government can ensure integrity, transparency, and fair dealing." Id. at 18. "In the face of externalities, government must intervene to change the way the market behaves." Id. at 27. "The government needs to intervene on behalf of core values." Id. at 31.).