(PLEASE NOTE: THIS IS AN UPDATED VERSION OF A PREVIOUSLY DISSEMINATED DRAFT.) Corporate theory matters. By way of example, I explain in this Essay how the Citizens United opinion can be read as a decision wherein the competing theories of the corporation played a dispositive role. Furthermore,...

This Essay examines three related propositions: (1) Voluntary corporate social responsibility (CSR) fails to effectively advance the agenda of a meaningful segment of CSR proponents; (2) None of the three dominant corporate governance theories – director primacy, shareholder primacy, or team...

In Citizens United v. Federal Election Commission, a 5-4 majority of the Supreme Court held that corporate political speech could not be regulated on the basis of corporate status alone. In support of that conclusion, the majority characterized corporations as mere “associations of...

When it comes to the long-term well being of our society, it is difficult to overstate the importance of addressing poverty and economic inequality. In Capital in the Twenty-First Century, Thomas Piketty famously argued that growing economic inequality is inherent in capitalist systems because...

As one of the organizers of the University of Akron School of Law Symposium on Law and Socio-Economics, I have been given the opportunity to provide some concluding remarks to round out this excellent collection of papers. Accordingly, in the following pages I have broken the Symposium articles...

In their Article The Death of the Firm, Professors June Carbone and Nancy Levit argue that "the firm as entity is disappearing as a unit of legal analysis." More specifically, they argue that by dismissing the corporation as a mere legal fiction and equating the rights of this legal fiction with...

This Essay provides a glimpse into the 34th Economics Institute for Law Professors, which took place in Estes Park, Colorado, from June 17 to 27, 2019. The Institute was hosted by the Law & Economics Center at the Antonin Scalia Law School at George Mason University, and has been previously...

Cover -- The History of Economic Thought: A Concise Treatise for Business, Law, and Public Policy Volume II: After Keynes, Through the Great Recession and Beyond -- Contents -- Foreword -- CHAPTER 11: Economics After Keynes -- CHAPTER 12: Socio-Economics and Binary Economics -- CHAPTER 13: A...

Cover -- The History of Economic Thought: A Concise Treatise for Business, Law, and Public Policy Volume I: From the Ancients Through Keynes -- Contents -- Foreword -- CHAPTER 1: Introduction -- CHAPTER 2: Overview of the History of Economic Thought from the Ancients Through Keynes -- CHAPTER 3:...