A new issue of Economic Sociology is out. David M. Levy (CSPC) and Sandra J. Peart (Jepson): Economists, Crises and Cartoons. From the latest issue of Regulation, Richard B. McKenzie writes In Defense of Monopoly: Market power fosters creative destruction; and Richard A. Epstein on Takings Law Made Hard: A novel property rights challenge is a constitutional morass. America's Nastiest CEO: Think business journalists are too timid? Look what happens when you go after a struggling firm. An excerpt from The Devil’s Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers by Vicky Ward. Seth Hettena reviews The Big Short: Inside the Doomsday Machine by Michael Lewis (and more and more and more and more and more). A look at 5 economic collapses more ridiculous than this one. Will

… full text available to registered users